this post was submitted on 29 Jul 2023
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Showerthoughts

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Capitalism is nothing but a giant pyramid scheme. (infosec.pub)
submitted 1 year ago by [email protected] to c/showerthoughts
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[โ€“] [email protected] 5 points 1 year ago (1 children)

That's the description of the very basics of the stock market.

Now do the derivatives, and let's see why it's gone to hell.

[โ€“] [email protected] 0 points 6 months ago

I don't want to pay for the full goose right now, I just want to pay for the right to buy the goose later, at a price that's fixed now. I'll decide later if I actually want to buy the goose or not.

Alternatively, I'm not sure how much my goose will continue to lay in the future, I'd like to pay for insurance to guarantee me a fixed price to sell the goose later if I want to.