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Duh, the poor have to spend money to live, they can't just buy stock and wait for it to increase in value. And at the volumes they can afford the transaction fe
by fungiblecog 5y ago
Duh, the poor have to spend money to live, they can't just buy stock and wait for it to increase in value. And at the volumes they can afford the transaction fees would kill any profit.
- BobbyJo 5y agoSo now we have come full circle, back to "the poor are poor because of the rich". I'm open to the possibility, but the comments this far inspire little confidence in the soundness of the argument.
- sudosysgen 5y agoHow is this a weak argument? The value in the economy has been funneled to shareholders, and the poor are definitionally not shareholders