• itslilith@lemmy.blahaj.zone
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    23 hours ago

    It’s gambling. Highly complicated strategies exists, but at the end, it’s gambling. And somehow we’ve let ourselves get convinced that’s the way the world should be run

    • jsomae@lemmy.ml
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      2 hours ago

      Basically any way of making an income has risk, but we don’t consider most such things gambling. Even a fixed-income investment is gambling, since the value of the dollar can fluctuate randomly. What concerns me about the stock market is not its randomness but rather its reliability in outpacing inflation. It seems from a bird’s-eye view like a mechanism which is almost guaranteed to concentrate wealth into those who already have it. Surely that wealth must come from somewhere?

      I think I need to learn macroeconomics.