Message from @Sh0t
Discord ID: 638378967732060191
holy shit
these banks arent owned by the government
you said "they cannot sell the shares"
yes?
that's a big deal
it is
and its not govt owned shares
the banks arent government owned
theyre socially owned
whatever the arrangement is, if they can sell and 'dump it' they aren't really participating in a stock market
if they cant
and i said the people cant sell the shares they have of THEIR BANK
the shares of the stocks CAN BE SOLD
by the banks in question
that's what im talking about, in this case the bank is just a holding company, you can buy stock now in companies that also own stock
nothing unusual there
if you can't dump it, it's not a real stock market
but the stocks can be dumped
so
the stock market exists
the reason for this is fairly deep, it involves the psychology of being a real market participant versus being some sort of 'play actor' in a market
theres literally nothing stopping a stock going to 0 on this stock market
the idea of 'playing market' is old, it has some merit in some areas but for the purposes of DIVIDING between socialism and capitalism, it is on the other side
nice evadin the point
going to 0 is one thing. dumping your shares to get out is another
that's not evasion
banks can dump their shares
banks are literally playing a stock market
at some point, it comes down to an individual, if that erson can't get out, i think it's on the other side of the capitalist/socialist dividing line
bro
theres a market
of
likewise for others to come into it
shares
and banks
play the market
i get that, but that's not enough
it literally is
it's not , it really changes the psychology of the people involved
just like with people that paper trade versus real trading
A stock market, equity market or share market is the aggregation of buyers and sellers (a loose network of economic transactions, not a physical facility or discrete entity) of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange, as well as stock that is only traded privately.