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this post was submitted on 20 Aug 2023
703 points (96.8% liked)
Asklemmy
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Speculative economic instruments. There's a reason why specific items, such as onions in the US, have been banned from being essentially bet on.
Where do you cut the line? Stocks are also heavily used for speculation.
I would love to see all of it go including stocks...
Stock can be used well for some things but the stock market needs to be significantly limited. It's ridiculous how much is contingent on it. And because of legislation in place in America, good markets rarely benefit the average person, but bad markets often hurt the average man.