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253 sats \ 3 replies \ @Natalia 27 Oct 2023 \ on: Stacker Saloon
Just had this realization that in the fiat world, it's all about spending, even the so-called investing, buying stock, buying funds, buying xyz, because you know that your money is losing value if you don't do something; so you put all your hard earn money into "something", maybe through bankers or some companies, but then at the end of the days, you are pretty much at the mercy of them if they don't f*ck you in the end, maybe creating lots of paperwork for you "due to regulations" , or possibly causing more trouble, etc. e.g. with insurance, you are pretty much at the mercy of the insurance companies to approve the claim if anything happens.
why did we bring these troubles to ourselves?
Company recklessness and irresponsible governments push us all out on the risk curve chasing gain….
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Don’t let these fiat games play tricks on you about pooling capital together to help push ideas forward. A stock market with accurate price signals is a good thing. What happened is bad investments don’t fail anymore. After the GFC so many banks should’ve failed but they didn’t during COVID so many airlines should have failed but they didn’t. Investment is still a great things humans can do it’s just greed and lack of morals have ruined public markets.
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What happened is bad investments don’t fail anymore.
they still fail, but those with big background don’t fail anymore, which is even worst.
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