Sounds like fraud to me. Good thing the US doesn’t have laws anymore.
There are definitely laws. They just don’t apply to rich people
Everything is market manipulation, it is insanity.
That’s capitalism. The greatest irony is that free market has been associated with capitalism. I’m personally not a huge free market fan anyways, as I think it carries it’s own problems, but I find it funny that libs and cons think of free market as a capitalist society.
We have had 500 years of capitalism now and despite every single “please bro, just one more free market expefiment bro, it’ll work this time”, it always consolidates, cheats, corrupts and blackmails. Capitalism innately favors monopolies and manipulation over honest competition and equal ground for ideas.
In my, admittedly imperfect, view I feel like if some society really wanted an actual free market it would a socialist one. Where everyone is actually on equal footing, people have their basic needs met so they aren’t focused on surviving, and people aren’t born with more than others. From there, ideas and items could actually compete. If this hypothetical society kept money and markets, as described so far, and people’s needs were met, then luxuries and unnecessary but enjoyable products could be sold in this situation.
The current system is kind of just the default system that nobody really planned out or thought about carefully. Unemployment, suffering, homelessness, inequality, billionaires, etc, are all baked into how it works. But it kind of mostly sorta works good enough that nobody is motivated enough to do anything about it, plus it directly benefits anyone who could do anything about it.
It’s rapidly reaching it’s limit, though, especially with A.I. and most people’s jobs being bullshit. I’m curious what the replacement will be, and I’m hoping the transition isn’t too… painful.
Always has been 👨🚀🔫👨🚀
Wow yeah that actually sounds quite illegal
I’m reminded of the early years of MMORPG games that had semi-functional economies, and all the confidence games came back. For example, a carnie would sell empty crates for a price on the promise that some of them were filled with valuable goodies. They weren’t but occasionally a collaborator planted in the audience would win a prize.
Maybe we should bring back the tar-and-feather treatment.
This is just a classic move for gambling platforms.
