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Robinhood, Reddit, & the Revolt of the Retail Investor | Spencer Jakab
Hidden Forces
Is the Stock Market a Scam?
In 19 29, if you got burned in the stock market, you could put your money in a bank. People have lost faith in the currency now. And capital should not be so much more valuable than labor. So when money is becoming worthless and there's nothing you can do with money itself, then it becomes much more attractive to bet on a longshot. That's the environment that created spacks and created all this stuff.
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