• AnimorphFan1996@lemmy.whynotdrs.org
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    11 months ago

    @Zuberi is allowed to post memes related to the broader economy –– they don’t have to be specifically about GameStop. If you want, I can make a connection though: supply and demand. Refer to the comment and citation by @Pogogunner on the increase in M1.

    The banks have been printing more money (demand), but there is still the same amount of stuff to buy (supply) –– so everything costs more. Short sellers print more shares of companies (supply), but there is still the same number of shareholders (demand) –– so the shares cost less. The high price at the grocery store and the low price of GameStop are both fake –– to the detriment of everyday people who shop and invest.