Re:Deliveroo to offer 50M pounds of stock to customers
by deft on Sunday March 07, 2021 @03:02PM
(#26379235)
This kind of offering is only a very small step above a straight up ponzi scheme. We are at the top of the bubble and no one knows what to do with their dollars that are rapidly losing value. Order your shitty fast food and get a discount on your shitty stock.
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Re:Deliveroo to offer 50M pounds of stock to customers
by Cola on Sunday March 07, 2021 @03:55PM
(#26379687)
What do you mean by “dollars that are rapidly losing value”?
Re:Deliveroo to offer 50M pounds of stock to customers
by danieldisu on Sunday March 07, 2021 @04:21PM
(#26379876)
They are implying that we inflation is rising (even if the official numbers doesn't say so) because of the actions of the Fed
Re:Deliveroo to offer 50M pounds of stock to customers
by ALittleLight on Sunday March 07, 2021 @04:34PM
(#26380001)
Is there an analogous situation in the UK?
Re:Deliveroo to offer 50M pounds of stock to customers
by dfgdghdf on Sunday March 07, 2021 @05:12PM
(#26380281)
The UK government must be more careful with inflation than the US government because the pound is not a serious reserve currency used across the world as the US dollar is. That said, the UK government has borrowed significantly to pay for coronavirus relief programs.