

Agreed. I participate as a thoughtless investor trying to maximize the growth of my savings but I hate that I have to even bother. Extra work, some guilt or anxiety around whether you made the right choices, and more complicated taxes. I think it’s horseshit that I’m effectively obliged to play in this casino the ruling class set up, just so my money retains its value against inflation.
I’m not against my money being used to grow businesses. But then just let the bank deal with it and pay me a fair interest rate for lending it to businesses. I still haven’t been given a good answer as to why the stock price of a company should have any effect on its day to day operations or revenue generation.
I’m just brainstorming here, but do layoffs pave the way for hiring new grads at entry level wages, with more cutting edge knowledge?
Sure, that overlooks the loss of tacit knowledge that keeps the company running. I haven’t actually figured out yet how large companies can keep packaging out their senior employees that glue their disorganized systems together with undocumented knowledge.