Re:The wealthiest 10% of Americans own a record 89% of all U...
by newacct583 on Monday October 18, 2021 @11:38AM
(#28906595)
> Stocks are not a limited scarce resource so it’s not like the top are hoarding them.
Securities are by definition limited. Splits and IPOs are the only places stocks are born, and those are carefully regulated.
And... while the language is inflammatory, it seems to me like the top are meeting the definition of "hoarding" them. That's what owning 89% of something means.
Securities are by definition limited. Splits and IPOs are the only places stocks are born, and those are carefully regulated.
And... while the language is inflammatory, it seems to me like the top are meeting the definition of "hoarding" them. That's what owning 89% of something means.