Home

Robinhood Banning GameStop Proves the Free Market Is a Lie

Leave a comment

Click the link below the picture

.

Robinhood is a stock-trading app that exists to “democratize finance” — but will also, on occasion, prohibit you from buying stocks because democratically unaccountable experts have declared them overpriced.

This was the befuddling message that Robinhood sent to its readers Thursday morning, as the most befuddling stock craze in modern memory pushed the price of a GameStop share above $440.

As of this writing, the GameStop rally appears to be fading. But the questions the phenomenon has raised — about the ethics of gamified stock-trading apps, the inequalities between large and small investors, how share prices are actually determined, and what the stock market is for — seem to grow more numerous and vexing by the hour. Fortunately, Chris Arnade may have some answers. The former bond trader spent two decades on Wall Street before growing disillusioned with his profession’s culture of cynicism and greed. In recent years, he’s invested the bulk of his time into photography and writing, typically about social class and poverty in the U.S. But he’s hedged these productive activities with no small amount of leisurely lurking on Reddit. Which makes his brain all the more fit for picking.

.

Can’t stop, won’t stop. Photo: SHAWN THEW/EPA-EFE/Shutterstock

.

.

Click the link below for the article:

https://nymag.com/intelligencer/2021/01/robinhood-ban-gamestop-share-price-explained.html

.

__________________________________________

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

ASSHOLES WATCHING MOVIES

Our opinions don't stink!

ONLINE GRAPHIC DESIGN MARKET

An Online Design Making Site

Muserista

A perfect zone with some imperfections in itself :)

Official Shop Mart Online Shopping In Pakistan

Free Home DElivery All Over Pakistan

The Literature Soul

#Theliteraturesoul

Dewisant's Blog

Smile! You’re at the best WordPress.com site ever

MARYBLOG.IT

@maria.mignucci

Unclearer

Enjoyable Information. Focused or Not.

Mechanovation

Unveiling the Wonders of Mechatronics

GAME

game, video game, game accessories, game items

Free Fonts

Fonts Download

Balladeer's Blog

Singing the praises of things that slip through the cultural cracks

Politically Poetic

Poetry, Opinion, Politics

lastflyingcow.com

Life, love and alienation along the way...

Best regards from far,

Travel inspirators: eclectic content, in-depth articles, inspiring photos.

Texture of Parlance

Let your mind roam free in the luminous forest of the educators' writings

That's what she said by Palak

Seeking and Spreading Love

Wild Night In

Avid reader, language nerd, and fire spinner. No plans to combine the 3 yet...

Minimalglobetrotter

Alla ricerca del bello

May the Fourth

Be with you

Life Hub

Short articles to bring inspiration to people.

Real&Raw

Meraki

DiosRaw

LOVE IS THE ANSWER

littlehearts

Painting the canvas of my life with the crayons of hope ❤

skeinsand

a place to go when life gets in the way

Neutral View Point

Details Do Matter

RL WEB

MAKING LIFE BETTER

Barbara Crane Navarro

Rainforest Art Project - Pas de Cartier !

Man v Music

Getting to grips with all things music.

EDNAABLES Blog

Education Aides A Better Life Enlighten Society Foundation

Happily Lover

Happily Ever After

NSTM Planet

editorial / Opinión

The BC Area

news, travel, food, and more

神様が先生:福田泰志 ( ふくだやすし )

萩市にイエス・キリスト現る。アーメン。日本共産党(しんぶん赤旗)・宮内欣二と、五十嵐ひとみ、林哲也、を支援します。

Eco Igloo

All Things Renewable!

Artistcoveries

Discovering the joy of art

%d bloggers like this: