By now I am convinced all of finance is pump and dump. Stocks, bonds, metals, wood, you name it. All pump and dump.
Exactly.
And new things constantly invented for pumps and dumps. From scratch like that NFT crap, or by making things that had never been intended to become a finacnial toy.
Yep. And like tons of other completely virtual things.
Economy is completely broken since times when somebody found out that money could make money without doing anything useful. This unwinding exponentially and today we are at the stage where nearly all critical businesses already don't care about anything except completely virtual price of their completely virtual shares on stock exchange.
Exactly.
And new things constantly invented for pumps and dumps. From scratch like that NFT crap, or by making things that had never been intended to become a finacnial toy.
Like carbon credits? Just another way to steal your money
Yep. And like tons of other completely virtual things.
Economy is completely broken since times when somebody found out that money could make money without doing anything useful. This unwinding exponentially and today we are at the stage where nearly all critical businesses already don't care about anything except completely virtual price of their completely virtual shares on stock exchange.