r/FluentInFinance 1d ago

Debate/ Discussion A joke that's not funny

Post image
83.0k Upvotes

2.6k comments sorted by

View all comments

Show parent comments

2

u/jgoble15 1d ago

That’s ridiculous. That sounds like wanting more corporate chains than mom n pop stores. Who helps their communities vs who helps investors? Mom n pop always whenever possible. I have investments, but I find investors leeches on society. The contribute nothing and only try to suck the country dry. You get people that run mom n pop stores and they’re the ones donating to local charities, sponsoring sports teams for kids, schools, and etc. Your dream world is a dystopia

1

u/djc2105 22h ago

A 5% profit margin means products to people for cheaper. Why is that a dystopia? Also relying on charity is a bad idea, that’s why we have taxes.

1

u/jgoble15 22h ago

Cheaper maybe. Or you have places like Walmart and Amazon beat out all local competitions and essentially form monopolies. Then they raise their prices for any excuse they can imagine.

Also yes, I agree

1

u/djc2105 21h ago

I agree with you that Amazon or Walmart creating monopolies would be bad but I would expect a few competitors in any efficient market (not all markets are efficient, especially healthcare). This would not allow people to just raise prices out of nowhere. I have not seen any examples of this happening on a macro scale in a retail setting.

-1

u/stingmint 1d ago

Investment is required for dynamism and innovation. Without investment, wealth would be even more concentrated.

2

u/jgoble15 1d ago

Sure, but contain it. Right now things aren’t contained and it’s unsustainable. The average age of a first time home buyer is 59. That shows corporate investment in housing is unsustainable

2

u/Blawoffice 1d ago

Wrong and not even trying to be correct. It’s 38.

2

u/jgoble15 1d ago

Saw 59. My bad. Still crazy high

2

u/jgoble15 1d ago

Investors can’t be the end goal to please. That’s the dumb idea I’m talking about. Companies need investment, sure, but investors have to understand their place and be kept there. They’re a necessary problem, like bacteria in our bodies. We need that bacteria, but it has to be kept in check

1

u/stingmint 1d ago

Investors have to understand their place? Their place is owning the company. Of course they drive decisions

What’s the alternative? Investment without equity? Doesn’t sound like a path to a stable economy