• etuomaala@sopuli.xyz
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      9 months ago

      Well, it’s all fuckery, but not all of it is of the GameStop variety. You should really read more about what happened with GameStop. Specifically, look for the words “short squeeze”.

        • etuomaala@sopuli.xyz
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          9 months ago

          Well, I brought up GameStop because it’s an example of the stock market not working as intended. I’m saying the stock market usually works as intended. And it is intended as a means of buying and selling companies, their assets, liabilities, and crucially, their employees.

            • etuomaala@sopuli.xyz
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              9 months ago

              You’re saying it usually does not function properly as a means of buying and selling control over companies? Because Musk bought his first big piece of Twitter on the stock market. That’s an example of the stock market working as intended. I would argue that this is how the stock market usually works. This is not gambling. This is the purchase of a tangible asset.