Re:Economic Pessimism Growing in U.S.
by clairity on Tuesday May 31, 2022 @06:41PM
(#31575807)
edit: oops, wasn’t talking to me but will leave the below unedited for posterity (and to show my posterior).
again, that’s a logical leap that i was careful not to make. small-time investing can have positive externalities on an economic system; industrial, mechanized investing, not so much. if we didn’t try to turn everything related to money into a get-rich-quick gambling scheme instead of the (imperfect) accounting mechanism it was originated to be, we’d be much better off, pensions and 401(k)’s included.
again, that’s a logical leap that i was careful not to make. small-time investing can have positive externalities on an economic system; industrial, mechanized investing, not so much. if we didn’t try to turn everything related to money into a get-rich-quick gambling scheme instead of the (imperfect) accounting mechanism it was originated to be, we’d be much better off, pensions and 401(k)’s included.