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Comment on What is an average person living in the US supposed to do about corporations raising prices?
AnneBonny@lemmy.dbzer0.com 8 months ago
Buy stock in the companies posting record profits.
metaStatic@kbin.social 8 months ago
andrewta@lemmy.world 8 months ago
why? honest question. if they are making record profits and their stock is going up why would you not buy their stock?
Timwi@kbin.social 8 months ago
Because you'll be investing in, and therefore helping that company. Only a small fraction of the company's profit is going to reach you. You'll be part of the problem with capitalism.
PlasterAnalyst@kbin.social 8 months ago
When you buy a stock that's already ipo'd you're not giving any money to the company.
andrewta@lemmy.world 8 months ago
Only in fantasy land can we think capitalism will go away. Might as well put my money where it will gain value for me. Not like they’ll suddenly go out of business if I don’t invest in them. Buy let it gain 5-6% then sell it.
K1nsey6@lemmy.world 8 months ago
Sure, we cant afford food or rent, but there’s always stock money sitting around.
AnneBonny@lemmy.dbzer0.com 8 months ago
Are you just here to tell people there’s nothing they can do?
What’s your suggestion?