Posted by one of my acquaintances that claims to be an ANCAP but also thinks Fucker Carlson has good ideas, and that trans people and poor people are ruining America. Also worships Elon. I hate these people.

  • Victor@lemmy.world
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    5 days ago

    I’m of the opinion that the stock market is the real problem. Companies that are publicly traded just always continue to increase and increase and grow and grow, otherwise investors will sell their stock and lose interest. These companies can’t even like, break even at a reasonable, even profitable revenue — they have to continually increase their profit margin. That is the cause for enshittification and greed. It’s grow or die. And it’s disgusting. It forces greed upon those who might not have that in them in the first place.

    That is my take. Avoid the stock market if you can.

    • Bahnd Rollard@lemmy.world
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      4 days ago

      Its a devils bargian if you want to retire. The abstraction of that demented system into index funds and other financial objects make it so your money does not lose relative value to inflation as time goes on (due to the magic of compounding interest). Sorta damned if you do, damned if you dont…