this post was submitted on 31 Oct 2024
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[–] [email protected] 68 points 1 day ago (2 children)

Who profits the most from such schemes? Credit card processor companies. I believe they're trying to trick us.

[–] [email protected] 44 points 21 hours ago (1 children)

I have friend that said it 13 years ago. If you wanna be rich, make yourself the middle man. You can try to open a public company, market it, find investors, and hopefully you'll eventually run a profit and the stock value will go up. Or, you can be an investor making money by buying stock that provide good dividends and go up in value. But, the best position is in the middle exchanging the stock. You don't have to convince others to invest and run a company that is successful when competing with others. You don't have to investigate and guess which companies will be profitable while competing with millions of other investors, banks, and AI. Nope. You just sit back and relax while people fight each other on the battlefield field you created.

Those are the people that make it. They insert themselves in a situation where others fight but they win regardless of who else wins.

  • Ford or Chevy? Oil wins
  • Chrome or Edge? Google wins
  • Facebook or Instagram? Meta wins
  • Plaintiff or defendant? Lawyers win
  • Pay off home loan or foreclose? Lender wins
  • Thousands of IPOs? Market-makers win
  • England or France? Rothchilds win
  • Russia or Ukraine? Military industrial complex wins
[–] [email protected] 9 points 18 hours ago

Which is part of our bigger issue going on right now. People know that being a middle man that takes a cut is the easy profit and everyone with enough money to try is doing it.

[–] [email protected] 13 points 21 hours ago (2 children)

Who is powering all those transactions? Big Electric trying to stop paper and stone from making a comeback.

[–] [email protected] 4 points 19 hours ago

Why use stone when we have very good teeth and fingernails? Big stone wants to make us week. Not big big stone, which we can't lift unless very strong, but big little stone.