You brought an economics argument to a rage thread. OP isn’t making a technical claim when they say “rent seeking behavior”, they’re angry and using it as a synonym for “greedy people”.
Some jackass buying a bunch of shares that were already issued and then flipping them for a profit isn’t doing shit other than enriching themselves. You might as well argue that scalpers are important. Oh wait, I have seen that brain-dead argument with “pRoViDeS LiQuIdItY!!1”
Ah yes, the people are angry about things they have every reason to be angry about. Thank goodness someone used a shallow pseudointellectual argument that glosses over basic truths!
You brought an economics argument to a rage thread. OP isn’t making a technical claim when they say “rent seeking behavior”, they’re angry and using it as a synonym for “greedy people”.
Some jackass buying a bunch of shares that were already issued and then flipping them for a profit isn’t doing shit other than enriching themselves. You might as well argue that scalpers are important. Oh wait, I have seen that brain-dead argument with “pRoViDeS LiQuIdItY!!1”
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Ah yes, the people are angry about things they have every reason to be angry about. Thank goodness someone used a shallow pseudointellectual argument that glosses over basic truths!
People are angry about things they don’t understand.
Case in point, the poster above you:
Thats… not a shareholder.
I don’t tilt at these windmills for the people arguing nonsense, but for people scrolling by.
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Well we also disagree. 😊👍
Commies aren’t people
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It’s not fascist to dislike commies who drop by just to say something as snarky as it is stupid.
I returned your comment in kind.
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I’ve thought about that too. Do you know if it works?