Comments by "Titanium Rain" (@ChucksSEADnDEAD) on "Media Launches Coordinated Fake News To STOP GameStop Rebellion, Federal Regulator SHUT DOWN Trading" video.

@o.s.s.fitnessandgrappling1052 Nobody's stealing stocks. They don't "pretend" it's theirs. And they don't replace it "before you know". It's amazing how even though there must be a thousand videos explaining the stock market uploaded in the last few days people still fundamentally misunderstand how it works.
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Lending is part of the money creation, which is necessary as economies grow because the base money is not enough to cover all the assets that come into existence from human activity. The banks have you on the hook for paying back and if you don't, they take your assets to erase that debt.
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@o.s.s.fitnessandgrappling1052 You didn't just oversimplify it, you've managed to twist it into something that's essentially fraud. It's not theft. Nobody's stealing your money. Now you're openly mocking people for being right. Sorry man, glorifying ignorance is cool and all but you've actually gone overboard because it's not funny, it's actually sad.
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A day trader evaluated GameStop over a year ago, there's a 56 minute video of him explaining why the short makes no sense and that despite all the criticisms GameStop still has value. It wasn't a "oh hell no!" it was a case of people doing their due diligence. That's what DeepFuckingValue did.
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It's a stand alone complex. People see a stock rising and start buying because they see a payoff, triggering more people to notice that it is rising and thus rush to buy more before the peak. The WSB may be more comparable to a hivemind but everyone else is the feedback loop that sent GME through the roof.
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Yeah because a real hedge fund should... have hedged their bets.
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