Post
Topic
Board Economics
Topic OP
IPO is the rich people playground. Tax payer pay the price.
by
SaiyanSS3
on 26/03/2021, 18:36:59 UTC
Reminder only the ultra rich can get into many mega IPO, remember aramco? Only the rich can get the IPO price, once the stock is initially traded on public exchange, the stupid idiot sovereign fund would buy up all the shares bought up by the ultra rich at mark up price and make a killing from the foul play, and all these are perfectly legal, your 401k is criminally exploited to enrich the ultra rich to even richer, the ass*** ultra rich wouldn’t care.

Now we need to come up with a plan, by using ICO, IDO, IEO to force the tax payer pay the price too, what’s your take, can we force the inflation to come totally loose control to the point food price is no longer measurable with fiat paper money?