• IronBird@lemmy.world
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    11 days ago

    eh, it’s all basically just a giant ponzi scheme anyway. that’s what crashes are for, when you can no longer make $ having the lines go up, you slam them down and make bank on all the margin calls/ievitable forced selling instead.

    1% hold the overwhelming majority of $ and due to specific rules for US markets price action is ultimately controlled by whoever has the most $ to throw around