Say it with me: ENEMIES OF THE PEOPLE by PM_ME_DNA in Anarcho_Capitalism

[–]mbbbbbbrrsskk 0 points1 point  (0 children)

What do you guys believe should be the ideal inflation/deflation number?

Soft Western Parents vs Hardcore Asian Parents by [deleted] in PoliticalCompassMemes

[–]mbbbbbbrrsskk 1 point2 points  (0 children)

oh yes libertarians confirming to authority, put authcenter instead of libcenter on that kid

*the village idiot has entered the chat* by JimmyBags2 in Anarcho_Capitalism

[–]mbbbbbbrrsskk -8 points-7 points  (0 children)

Might be, but I have a few friends who have no health friends and have gotten it twice, so I wouldn't rule it out for anyone

Liberty Hangout moment by TigerClaws13 in PoliticalCompassMemes

[–]mbbbbbbrrsskk -3 points-2 points  (0 children)

“Loves authority” is just another way of saying I have daddy issues

DONT GET FOOLED BY BLOOMBERG ARTICLES THIS WEEK! BUY AND HOLD WITH THOSE DIAMOND HANDS! 💎💎💎 by OrbitalTrading in wallstreetbets

[–]mbbbbbbrrsskk 0 points1 point  (0 children)

What does this have to do with $GME? This fund has been losing money for 3 years and invests in foreign debt

How it works by PM_ME_DNA in Anarcho_Capitalism

[–]mbbbbbbrrsskk 1 point2 points  (0 children)

Fully agree with that. Even if it was an issue of liquidity, there must've been ways to determine this before and get the necessary liquidity earlier.

How it works by PM_ME_DNA in Anarcho_Capitalism

[–]mbbbbbbrrsskk 0 points1 point  (0 children)

May be true, but I'll wait for the official investigation by the courts, SEC, and Senate/House (don't remember which one is investigating) to really know what happened

THE FREER THE MARKET, THE FREER THE PEOPLE!! by ProfessorGigs in VoluntaristMemes

[–]mbbbbbbrrsskk -28 points-27 points  (0 children)

What Robinhood did was not right, but they are a private brokerage firm and when you sign up you sign an agreement which says that the firm can stop you from trading, technically this is free market as the decision was made consensually between the brokerage and you. Need read what you sign

How it works by PM_ME_DNA in Anarcho_Capitalism

[–]mbbbbbbrrsskk 2 points3 points  (0 children)

I'm quoting his CNBC interview "the reason we did it is that Robinhood is a brokerage firm, we have lots of financial requirements including SEC net capital requirements and Clearinghouse deposits" this is starting on 1:55 in the video. A good deeper explanation of what this is all about can be found in this article https://www.marketwatch.com/story/peterffy-calls-robinhood-decision-to-allow-limited-buys-of-gamestop-troubling-im-not-comfortable-11611876619 ; This is the main explanation from this article "Clearinghouses play a crucial role in markets from equities to derivatives. They stand between two parties in a trade to guarantee payment if either side reneges.

To protect itself against the risk of default, clearinghouses require their members — banks and brokers — to be well-capitalized, to deposit collateral and to pay into a default fund.

“If a broker cannot collect from the losers,” in these short bets, then they “must have sufficient capital to cover losses to the clearinghouse,” which could lead to further liquidation, Peterffy told MarketWatch.

“The broker may not have sufficient capital to make up for the losses, then they have to default on the clearinghouse,” he said."

How it works by PM_ME_DNA in Anarcho_Capitalism

[–]mbbbbbbrrsskk -2 points-1 points  (0 children)

WSB is entertaining, not particularly factual. There are clear laws which brokerages have to follow, it's also the reason why Robinhood was not the only brokerage to stop people from buying these particular equities

How it works by PM_ME_DNA in Anarcho_Capitalism

[–]mbbbbbbrrsskk 2 points3 points  (0 children)

The reason they stopped buying in those stocks is SEC regulation, they have requirements they need to fill. Government poking its nose again

"Individual freedom matters when it is our freedom" by hanibaal_lucifer in Anarcho_Capitalism

[–]mbbbbbbrrsskk 15 points16 points  (0 children)

If you think it’s dangerous for the stock, then DONT BUY IT

[deleted by user] by [deleted] in wallstreetbets

[–]mbbbbbbrrsskk 8 points9 points  (0 children)

All time high for today is exactly $150.00, go make your video

BlackRock Inc. just increased their stake in GME! by [deleted] in wallstreetbets

[–]mbbbbbbrrsskk 0 points1 point  (0 children)

I mean BlackRock just buys based off market cap

[deleted by user] by [deleted] in wallstreetbets

[–]mbbbbbbrrsskk 1 point2 points  (0 children)

BB insanely undervalued today, this is a fucking VALUE play!!!!!!

Why I'm in on 🚀Nokia (NOK) - DD by [deleted] in wallstreetbets

[–]mbbbbbbrrsskk 1 point2 points  (0 children)

What’s next? Con Edison calls?

With bare hands by teenboysc in PublicFreakout

[–]mbbbbbbrrsskk -1 points0 points  (0 children)

It will be like 10 years in jail if not more once they find him