Poll of the Day > Is The Stock Market A Ponzi Scheme

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BUMPED2002
09/12/19 9:37:42 AM
#1:


Do you think it is? Depending on your views, some people think most stocks in the stock market meet the SECs (Security And Exchange Commission) definition of a Ponzi scheme.

Stock prices move based on the exchange of money among investors and growth or earnings has very little impact on that.
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SpankageBros
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Lokarin
09/12/19 9:43:23 AM
#2:


mmmmm, perhaps not a Ponzi scheme... but it is a type of scam.

The best example I can think of is the To the Stars Academy stock
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Kyuubi4269
09/12/19 9:48:22 AM
#3:


Not even slightly, it's just standard trade.

It's a fucking stupid system that makes the world's economies much more volatile, but it's not a scam.
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hypnox
09/12/19 9:53:38 AM
#4:


It also favors the rich. When my company got acquired one of the VPs who was part owner has been living VERY well off of his profits from using the capital on the stock market.
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Bugmeat
09/12/19 10:45:45 AM
#5:


Lokarin posted...
mmmmm, perhaps not a Ponzi scheme... but it is a type of scam.

The best example I can think of is the To the Stars Academy stock

I had to google that. Anyone who was dumb enough to invest in that deserves to lose it all. It's beyond ridiculous.

For anyone else who might be curious what it is.
https://www.vice.com/en_us/article/xwnezk/tom-delonges-ufo-organization-says-its-obtained-exotic-metals-unknown-to-science


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FinalFantasyVII
09/12/19 10:54:20 AM
#6:


The stock market is legal gambling.
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MICHALECOLE
09/12/19 11:13:33 AM
#7:


Its spelled Fonzi not Ponzi
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gloBal enemy
09/12/19 11:18:56 AM
#8:


FinalFantasyVII posted...
The stock market is legal gambling.


For the most part yes.

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