Post
Topic
Board Economics
Re: IPO is the rich people playground. Tax payer pay the price.
by
davis196
on 27/03/2021, 12:54:43 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?

Most working class people and the poor don't even know what IPO actually means,or they don't care.
Capitalism is a game designed for the rich people to play.Sad but true.
What do you mean by "forcing the tax payer to pay the price too"?I don't get your point.
We can't force any inflation?What are you talking about?
Do you want ICO,IDO and IEO to replace IPO as a mechanism used by the companies to gather capital from the financial markets?Are they really better than IPO?I don't think so.