Ha! Eh, kinda sorta.

This is more related to the corruption on Wall Street and associated regulating agencies.

The fact of the matter, at the end of the day and what this community is primarily focused on, is that if you/someone you know holds stocks/retirement securities with a brokerage (TD Ameritrade, Robinhood, Schwab, etc...), you do not - unequivocally - actually own those shares. That lack of true ownership equates to gargantuan loopholes and widespread fraud. It's known as "street name" registration.

Street name

Registration under which securities maybe held by a broker on behalf of a client but be registered in the name of the Wall Street firm.

https://www.nasdaq.com/glossary/s/street-name

About 83% of people in the markets have "their" stocks in "street name" registration.

Cede owns 83% of all issued stocks in the United States.[6] The other 17% of all issued stocks is owned by directly registered holders through the direct registration system.

https://en.wikipedia.org/wiki/Cede_and_Company

@Zuberi is allowed to post memes related to the broader economy –– they don't have to be specifically about GameStop. If you want, I can make a connection though: supply and demand. Refer to the comment and citation by @Pogogunner on the increase in M1.

The banks have been printing more money (demand), but there is still the same amount of stuff to buy (supply) –– so everything costs more. Short sellers print more shares of companies (supply), but there is still the same number of shareholders (demand) –– so the shares cost less. The high price at the grocery store and the low price of GameStop are both fake –– to the detriment of everyday people who shop and invest.