Incase you haven't caught up yet, a subreddit with 2 million users decided to Bognadof the Gamespot stock, so much that 3 days ago it closed $40 US dollars, then yesterday it was $75 and just now when the market closed it was $145 US. Gamespot is now worth 10 billion dollars, the first time ever in it's history and Melvin Investment, a hedgefund that was short selling the stock has lost an estimated 6 billion dollars, after receiving a 2.75 billion bailout yesterday from 2 other investment firms. This really is entertaining to watch and is costing someone rich a lot of money.
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Yeah, I think your ire is somewhat misplaced. All these contracts have 2 sides to them. This stuff might all seem really abstract, with people trading contracts and doing it all on credit, but people aren't just printing money here. There are (normally) real consequences for fucking up, bad analysis, bad planning, bad luck, stupidity.
Having said that, real problems start when the government bails people out (or there's an expectation that they will), because it distorts the market. People start doing irresponsible risky stuff that they'd never do otherwise, because hey, free money basically (since risk is a cost, and lower risk = lower cost). And yes, everyone is paying for that. So maybe that's what you are getting at.
So this is what I'm describing with the parasitic system built around the stock market and finance in general that we're forced to engage with.
I said I don't have a problem with the contracts, and I don't even fundamentally have a problem with people gambling. I have a problem with the fact that they've forced us all to gamble with them, and as you agree, that I'm forced to bail them out when they fail, but we don't get the same bailout if we fail.