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Dan A
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Comments by "Dan A" (@DanA-nl5uo) on "How Reddit Is Tanking Wall Street Hedge Funds" video.
The real reason this scares the crap out of the wealthy elite is because this shows how when the working class has unity in common cause the wealthy lose even on wallstreet. This is the unity we need not the unity of bought politicians working for the donor class.
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@redwall1521 I think you missed my point. The wealthy have spent the last century convincing the working class that they have no power. This type of story shows how people working together can beat the wealthy at their own games because numbers are more powerful than wealth. That is the lesson the wealthy are scared we will learn.
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@samueljay4632 doesn't change the point of my comment. That unity and numbers wins over wealth.
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@Stop Cappin 23 now you are asking the right questions. The next question is who chooses what is worthy of getting money from the federal reserve. Spoiler alert the head of the federal reserve is not living on minimum wage.
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@JeffreyJefferson I am pretty sure it is just one more attempt to divid and concur which is why I didn't really engage him on the fact that there is no way he could know the demographics or ecominics of the group.
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@redwall1521 nope I didn't miss your point. You just didn't get mine. The wealthy wouldn't care about a single hedge fund losing 3 billion dollars if it didn't send the message that people working against them can bring them down.
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@Dust514rocks so you joined the reddit group since and have joined in their next stock correct? Do share what company is the latest buzz.... Oh let me guess you dont know because you are not involved yet.
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@redwall1521 I do suspect you are clueless about who is doing the day trading. There are plenty of stories about college students who get involved in day trading it doesn't take vast wealth to buy in and there is an gambler's high associated with it. If you Google reformed day trades I am sure you can find the group which is similar to gamblers anonymous for day traders.
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@TheDesertRat31 the bailout comes from the federal reserve creating new money not the federal government spending tax payer money. The federal reserve created over 14 trillion dollars in brand new money increasing the supply of dollars in circulation early in 2020 when the stock market crashed to save the wealthy elite. 2020 was the first time in history that the federal reserve bypassed the bankers and become the buyer of last resort for wallstreet directly buying companies debt instead of forcing the companies to take loans from banks to get the new money printed by the federal reserve. Ben Bernanke even went on 60 minutes to explain that the federal reserve creating money doesn't effect the tax payers because it has nothing to do with the national debt.
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Ofcourse the government will bailout the billionaires these hedge funds are the donors.
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