this post was submitted on 07 Jun 2024
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the debt (lemmy.world)
submitted 5 months ago by Varven@lemmy.world to c/memes@lemmy.ml
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[–] Quacksalber@sh.itjust.works 33 points 5 months ago (1 children)

Do not forget that you are also the very entity that hands out the currency you hold your debt in.

[–] Starbuck@lemmy.world 10 points 5 months ago (1 children)

It’s like Dwight printing IOUs for Schrutebucks

[–] Fades@lemmy.world 5 points 5 months ago* (last edited 5 months ago) (1 children)

Wait till you learn about how the stock market works. Everyone with a share actually just holds an IOU in the DTCC.

It’s all built on bullshit

[–] Maeve@sh.itjust.works 0 points 5 months ago

I remember users on another platform went into full rage mode when I said the stock market was just legalized gambling, telling me how SAFE!!! IT IS IF YOU DO YOUR RESEARCH!!!>

Okay. Black Friday and Too Big to Fail only happened in my dreams.