ETA!!!

Sorry to offend so many people with this OLD meme in a MEME community!

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[–] 1 point 1 year ago (1 child)

The initial comment was on how the stock market transfers wealth from poor people to rich people over time.

Yes. And it doesn't.

If there was no stock market, poor people wouldn't be any less poor. There was literally a lot more poverty before stock markets existed.

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  • [–] 0 points 1 year ago*

    I don't know if you have to think that way because you want to feel better about something you do or if you have been taught it by someone... You are looking at something 2-dimensionally and assuming you have the full idea of it. By constraining yourself to only the simple concept of it and not what it all touches on, you are deluding yourself to the full effect it has.

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