Hacker News new | past | comments | ask | show | jobs | submit login

Maybe that would be a good thing. I wouldn't mourn the destruction of the stock market as it's just a giant wealth-gap increasing casino. Trading has nothing to do with underlying value.



I fully agree. The stock market is just a giant machine that pulls money out of systems.


>The stock market is just a giant machine that pulls money out of systems.

So you think the multi-trillion dollar stock market, consisting of thousands of global companies, has no use beyond "pulling money out of systems"? Weird.


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

Just to say, weirdness happens.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: