Re:Day trader army loses all the money it made in meme-stock...
by giantg2 on Monday May 09, 2022 @09:27PM
(#31322274)
"it is rational then"
Something can be rational and unreasonable at the same time. It seems you answered your own question from your previous comment - it creates a problem for others based on them acting on their own self interest.
"they are beneficial from the point of view of the person doing it."
Just because it's beneficial for one person doesn't mean it can't be a problem for others.
"It isn't the activity that causes the problem - it's that those activity is funded by taxpayer money, not their own!"
Even if it were their own money, it would still cause problems. Although it's questionable if they would have participated in that behavior without the extra money.
Something can be rational and unreasonable at the same time. It seems you answered your own question from your previous comment - it creates a problem for others based on them acting on their own self interest.
"they are beneficial from the point of view of the person doing it."
Just because it's beneficial for one person doesn't mean it can't be a problem for others.
"It isn't the activity that causes the problem - it's that those activity is funded by taxpayer money, not their own!"
Even if it were their own money, it would still cause problems. Although it's questionable if they would have participated in that behavior without the extra money.