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It's All Politics
Robinhood Blocking Traders from GameStop, AMC & More Amid Surge
submitted 6 months ago by scrubking from tmz.com
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[–]StillLessons 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 6 months ago (0 children)
It took a long time, but the false "market" we've seen in place for more than ten years is being quite explicitly exposed with this fiasco. I am a little surprised that someone was able to organize enough small fish to act quickly enough and in a concentrated enough fashion to create such a dramatic effect. I haven't paid close attention to this, but I'm guessing Gamestop's market cap can't have been that big? These are some crazy moves. Sure big enough to catch the hedge funders' pant's down.
Another data point in the final stages of the current fiat money system. How much will they print to paper this one over?