Completely true. A hedge fund is just skimming off the top on everyone else’s investments. There’s nothing inherently wrong with this concept, just the entire stock market itself.
The idea of “ownership” for the average stock holder is all but totally out of the equation, the most “investment” the companies receive comes ultimately from devaluing investors purchases and ownership by issuing new stocks or selling what is essentially nothing for market inflated prices.
Those prices are inflated by things like people’s retirement, work compensation, savings.
Basically in my view if you’re extracting value from the labor of others without their consent then you’re stealing from them. The entire concept of an exchange and stock market is an elaborate theft mechanism.
You could even say Ponzi scheme - what would happen if everyone sold their stocks at once? Your pitiful $200,000 becomes almost nothing instantly. Your mutual funds go to fractions of what they were. There is not enough real value or money to support the fantasies of the stock market.
The hedge fund managers, CEOs, and big traders know this. They are just looting as much as they can before the wells dry up... Then they’ll find other resources to exploit. Bitcoin taking off was anything but an accident.
Completely true. A hedge fund is just skimming off the top on everyone else’s investments. There’s nothing inherently wrong with this concept, just the entire stock market itself.
The idea of “ownership” for the average stock holder is all but totally out of the equation, the most “investment” the companies receive comes ultimately from devaluing investors purchases and ownership by issuing new stocks or selling what is essentially nothing for market inflated prices.
Those prices are inflated by things like people’s retirement, work compensation, savings.
Basically in my view if you’re extracting value from the labor of others without their consent then you’re stealing from them. The entire concept of an exchange and stock market is an elaborate theft mechanism.
You could even say Ponzi scheme - what would happen if everyone sold their stocks at once? Your pitiful $200,000 becomes almost nothing instantly. Your mutual funds go to fractions of what they were. There is not enough real value or money to support the fantasies of the stock market.
The hedge fund managers, CEOs, and big traders know this. They are just looting as much as they can before the wells dry up... Then they’ll find other resources to exploit. Bitcoin taking off was anything but an accident.