Responses
Basically it’s legal gambling. When you put your money in the bank, you get interest from that money. When people realize that their money isn’t growing but rather depreciating in value over time, they buy stocks so that the value of their money grows. In ch 159 and 160 it’s saying that the federal reserve bank is changing the interest rate to 1% or lower to encourage people to buy more stocks to cushion the stock market crash. (⊙…⊙ )
No idea about how the stock market works. He made a long ass exposition on how he made money and everyone else lost money and im just nodding and scrolling
Guess I'll just be poor even after my regression...