Millions of people worldwide invest in stock markets.
The stock markets, when in session, track the supposed value of given stocks throughout the day based on investors’ trading activities. This fluctuation of stock values has been going on ever since the first stock market was devised.
All economists and politicians, the media, etc., consider the state of the stock markets to be a prime barometer of how well the world economies are doing. The quixotic ups and downs of the market figures are followed daily.
This activity is idiotic and is of no real importance to the world at large nor any given business that is displayed on the board.
One must remember that the markets function on the basis of the magnificent “speculation,” “manipulation” and “exploitation” of those who have the power and influence to actually set the pace of how they desire to see the markets move at any given time.
The stock market is of little or no value to any given business once it issues its initial public offering and receives its funding. A firm is now only concerned about when and how much of a dividend will be paid out.
All — and I mean all — of the money that is exchanged during any session of a stock market is transferred between stock investors, and none of it goes to the business. The stability of no business is determined on such a short-term basis as the markets would like one to believe.
The only importance or relevance of the stock market is the vile, evil, despicableness of the government-industrial complex and the role it plays in the stock market concept. The government-industrial complex plays the stock market concept like a violin, except that instead of producing music it is destroying the economies of the world.
At best one could refer to the entire stock market setup as a marvelous-but-scary charade.
Stock markets are the longest-running and greatest example of mass brainwashing on a scale even the Communist Chinese and Russians can highly envy.
The instructor of my first economics class stated that all politicians must have a strong background in economics to do their jobs effectively. During my finals for that course, I argued that economics should not be a requirement for said positions.
All of my subsequent classes in economics reinforced my negative opinions of economics.
We should not use the stock markets to control our economy.