this post was submitted on 24 Jul 2026
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[–] yesman@lemmy.world 172 points 1 month ago (14 children)

$15.5B dollars, invented out of ether, and bestowed on the lucky gamblers. The stock market is so efficient that it can create wealth without bothering with economic activity. No jobs created; no products produced; and nothing to trickle down.

[–] stoly@lemmy.world 8 points 1 month ago (3 children)

Not invented, siphoned off from those who can't game the system like they can. That means you and me.

[–] 1984@lemmy.today 1 points 1 month ago* (last edited 1 month ago) (1 children)

You can make money off the stock market just as they do. I'm doing it.

Although I don't short stocks. I just buy and hold.

[–] WhyJiffie@sh.itjust.works 1 points 1 month ago* (last edited 1 month ago) (1 children)

only if you have disposable money. rich people have lots of it, they can short with lower risks to their life. the average person does not have nearly that much, if any

[–] 1984@lemmy.today 1 points 1 month ago* (last edited 1 month ago)

Because they don't get told the same things as the rich kids do.

Start investing very early and don't spend all your money every month.

Over decades, it becomes millions.

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