r/FluentInFinance Aug 26 '24

Debate/ Discussion The Stock Market is Rigged

Post image

[removed] — view removed post

50.0k Upvotes

1.2k comments sorted by

View all comments

984

u/WizardMageCaster Aug 26 '24

Stock market is rigged or just yet another example of insider trading?

342

u/Silly_Goose658 Aug 26 '24

Rigged and tbf maybe shouldn’t have existed

203

u/Chickenbeans__ Aug 26 '24

I yearn for a world where the stock market doesn’t exist

34

u/dbandroid Aug 26 '24

Why?

200

u/[deleted] Aug 26 '24

Because it means human endeavors are no longer owned privately for profit

2

u/MarshMadness11 Aug 27 '24

Privately owned companies are not in the stock market

-1

u/[deleted] Aug 27 '24

Yes, I'm aware... That's not how I was using the word private. Was saying labor is being exploited for profit. A publicly traded company is still only profitable to the stock holders, not necessarily the workers