I wonder if Pam wants to discuss Trump’s stock market.

  • UnspecificGravity@piefed.social
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    15 hours ago

    Except that rich people never sell. They get loans against their assets (i.e. imaginary inflated stock) that they use to buy real assets.

    • IronBird@lemmy.world
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      15 hours ago

      anything tied to the PA, loans included, are at risk when PA collapses. now, this is why tesla is propped up.

      ultimately, PA is determined by whoever has the most $ to move around (and lowest entry/cost) between themselves

      with forced buying/selling via options, and some sort of regular liquidity injection to maneuver around, it is very easy to control something that noone else is actually buying. index funds are required to allot some money to every ticker in X index, ans the overwhelming majority of $ being movdd around is via index funds.

      there’s a whole wing of fintech designed around artificially inflating the price of companies right before inclusion in a big index, so they can “dump” on index funds that have to buy