What I don't get though is who are the people putting money on these bets without realizing it's all rigged.
People, just stop putting money on Polymarket thinking you'd luck out, you're just giving your money away to the rich.
I wouldn’t be surprised if insiders are giving the opposing advice to their “fake friends” to have them load up on the wrong side before pulling the rug underneath them. It’s brilliant to be the puppet master on both sides of the trades…and the rich people who thought they were gonna get richer but got swindled would have too much pride to say it…
It's literally just gambling. People do it because they're uneducated and/or addicted. The same with casinos, you can luck out and get some money, but if you keep playing, eventually you'll lose.
There are too many idiots out there convinced that they're the ones smarter than the average bear who can figure the markets out, and they don't recognize that they're the pigs going to the slaughter. And there's always a new supply entering the market every day.
Yes, agreed. It's Young people, Males, White and which political party....? So in my reflection this is a good thing. They can steal from their own all day.
Few months ago they did just that.. I can't remember what the question was but when the first journalist got insulted for asking a question, the next one just repeated the same question. As i recall - it didn't get answered either.
Isn't all of this tracked too? I mean I know US regulations are generally more lax and that the entities responsible for tracking this sort of thing are captured but there must be a paper trail.
Seems like something a journalist could look into.
The press HAS freedom. Journalists need to quit pandering to a clown.
Donnie wasn't genuinely lying. He said that he didn't know if he had to uphold the Constitution. His stupid sycophants simply allow him to break the law. The press is then afraid to hurt someone's feelings by asking, "why do you let this president flagrantly break the law? When, if this was a Democrat or independent, you'd be calling for their head by now? What's so different?"
So Friday, 20 mins before Iran announces the Strait of Hormuz is reopening, someone dumps a $760M short on Brent crude. Oil tanks 10% on the news. Third time in a few weeks this exact thing has happened before a big Middle East announcement. CFTC is now investigating for insider trading.
Iran could’ve just announced it themselves but they gave Trump a heads up first (he posted “thank you” right after). That tip off gave his circle time to load up shorts. Classic..
Hours later Iran’s parliament speaker walks the whole thing back, says the strait stays closed. Ships turn around. But by then markets are already closed for the weekend so stop losses don’t work. Anyone still holding shorts is just stuck watching headlines til Sunday night praying oil doesn’t gap up and destroy them.
Basically Iran let Trump’s people front run their announcement and then pulled the rug after the markets shut. Gave him a taste of his own medicine.
Only catch is the smart money probably took profit during the 10% drop on Friday and got out fine. It’s the guys who piled in late that are cooked. Sunday night we’ll see..
Right now I’m sticking with crypto. Been taking swing trades in chainlink. It’s been moving back and forth between $11.80-13 since January. The rest of the market is too volatile for my liking and that’s saying something considering the risk profile of crypto.
In a thread discussing evidence of rigged markets, you propose the worst rigged market backed by nothing but hope as a safe harbour. Seriously, why not just head to the casino now, hope it works out and stuff your mattress?
Lmao I trust crypto infinitely more than the stock market. Remember 2008? Remember GME? The entire stock market is a device to transfer wealth from retail to institutional investors. Good job boomers
So, crypto is driven by two factors: adoption and hype. You're highlighting the manipulation of the hype without taking into account adoption. Crypto is the easiest way to invest directly into new financial technology; you will make gains regardless of the hype.
The same may be true with traditional markets, but it seems all the powers with influence choose traditional markets to move billions; at least the crypto manipulators were being prosecuted; in this larger market with invested interests, good luck.
Same, though I'm just accumulating right now. Check out stellar's 10 year chart; I feel like there is definitely an option play there. Or at least a leading indicator for larger market pullback
There are always some serious spikes in options shortly before Trump makes some type on announcement. I know the SEC has been largely deregulated but does any of this get checked out? It would be interesting to see who is placing these trades. At my work, I am privy to some confidential information and certain trades I can not do or limited to how many shares I can by/sell at once. Between Iran war and liberation day last year, it stinks of pure market manipulation.
Well, Trump told everyone he'd been gaming the system during an Oval Office interview. When he mentioned how folks made so much money before he made some big announcement earlier that day. Donnie was super proud of how much money the insider trading tips made. And we just watched the corruption FINALLY get the primetime airing a fraudster like him should've been silent about.
I do not remember when Nixon was impeached (He was not), but I do remember how Roger AIles response to that was to start building the conservative network on cable that created Fox News.
It sure looks like traders placed over $1bn in perfectly timed bets on the Iran war. What is going on? Let me check with The Fourth Estate, the Brave Truth Warriors of Journalism! Ah, it's my copy of The Economist, they've been as reliable as The New York Times since 9/11!
.....click....click....
"Traders placed over $1bn in perfectly timed bets on the Iran war. What is going on?"
At this point, people who don’t have inside knowledge about the exact timing of Trump’s posts* are idiots. Although now that I think about it, it’s probably the same as his crypto money laundering scam: buy a bunch to pump up the price that Trump then unloads for the profit and Trump gives them something (pardons or state secrets are the two best known)… in this case it’s people who knowingly buy up the losing bets and get similar rewards.
Right that’s what I’m saying. If Kalshi wants to say “sure, be corrupt” and then payout when people win huge sums as a result, cool, go out of business and be a cautionary tale.
But that's not what's happening? Kalshi gets a share of the profits, it's everyone placing the opposite bets that are getting fleeced - unless there's something I'm missing from their business model, there isn't a way for them to lose?
I'm skipping all other issues but economics. Think about money and how it's supposed to move around to work. I have no final answers or thesis here. There's showgirls and carpet, so it's a wild ride following paychecks & billings!!
Government Spending
If the government builds a bridge with too many lampposts does the bridge still work? Do the lamps not make it stand out? If a lamp breaks, is it still above code?
If it's built in West Virginia in 1938, does that extra money spent not flow through the economy, with production skills expanded and maintained? Does the dark, remote town now have this unique bridge? Is that bridge not still there?
Reagan- Trump Market Economics:
*"There are winners and losers & the biggest winner does not have to work. Keep shopping, that pays for the wars.
Income, Fixed, Disposable.
If the rent is too damn high, then how can I participate in the markets? & thus how can the markets reflect the population?
Where does rational economic start? One point early on is this clever Priest walking around street markets and noticing that the sellers all clustered all together and so whatever mix of ingredients and costs existed for these products to be sold... competed.
Competition: to have a sort of stability in prices for buyers and sellers where everyone involved is happy. The rent all around is not too damn high, so the customers and sellers' relationships are steady.
You can see this in Hanoi, where they sell things like bamboo all in one area. The bamboo ain't too expensive, but the farm is doing fine. Stability: economic = social.
Today, I don't see a lot of happy workers. I see a lot of unreasonable employers.
35% of this country is doing great, that is a mix that should not be producing homelessness.
Market economics is a web. The strands and connections represent direct relationships. Disruption as a vague noun for many economic trends that is messing up the stability of the web.
Gambling:
If casinos are anything, they are places where the desire to gamble is turned into an economic engine that is so complex that it provides a huge number of jobs in a wide range of skills and products required for existence. Sure all the economic complexity of a showgirls theater is cool, but let's talk about carpet in a Casino!!!
In Casinos, the gambling floor carpet is not replaced. The workers have a break and contractors simply remove all of the gaming tables and then lay down a new layer of carpet overnight and then move everything back as quickly as possible. After decades, it's many inches deep. So workers get a short break which is always nice...and new local work takes its its place temporarily. The checks keep flowing.
Where is anything above in online gambling & fake markets?
As long as there’s more money to be made by this administration, this war will continue and the rest of the world will suffer for it. There’s also the drone company owned by Fuckwit and Shitcake Jr., which still has plenty of business to do.
Expect many, many more weeks if not months of bombing and death while a handful of extremely wealthy individuals profit directly from it.
How are world economies supposed to function when they loose billions because some fucking nutjob tweets out a random sentence like yesterday it’s not insider trading anymore it’s public fraud.
The stock market is the same way right now. There’s absolutely no factual data coming from government agencies and people’s money only exists to be stolen from them by the people in power. The only smart move is not to play. Because at some point, those in power will pick a time to take their ball and go home. That’s when everyone else will lose.
Obvious and rank corruption that a lot of people, private and media alike, are trying very hard to pretend isn't happening because it indicates things are far more dire than they are comfortable with.
I don't care what people think or smirk about it, gravity is going to kick in sooner or later and it's going to hit harder than ever because of how irresponsible society is being right now. Everyone is literally losing and gaining fortunes on chaos and think this is sustainable.
Remind me why we are now calling gamblers "traders" again? If it is because of insider information allowing you to tilt the odds, that's just called fraud
Likely insider trading, but there is enough TACO history to make the case that they are simply following past precedent on Trump backing down from his bluster to get away with it
I’m with you, very likely to be insider trading. I’m just saying the burden of proof is high, and there is some justification that people are just following the Tweeter in Chiefs posts
It gets so much worse when you follow the logic to its eventual conclusion. For thousands of years we've had match fixing. Athletes losing on purpose so that somebody can win money. People will die because somebody in power would rather lose a few grunts than a bet.
Because you’re watching a massive, orchestrated, pre-planned, money grabbing coup on the world society.
Someday, humans are going to have their collective minds fucking explode when the true depth of corruption on this planet is finally comprehended.
There’s a famous photo of Nazi soldiers watching footage of what was happening in concentration camps while they were out “fighting for their country” and the looks in their faces range from bafflement to sadness and confusion and this will be most Americans when we finally realize that we are the Empire we are the fucking bad guys and the evil this country and our “allies” have rendered on humanity is incomprehensibly destructive.
People need to take their money out of the stock market en masse. If you don’t you are implicitly condoning this and you’re hoping to be the one at the casino who lands at one of the rigged slot machines.
Insider trading is what’s going on. Martha Stewart should be so upset right now. Will anything be done about it? No because those people committing the crimes are the ones prosecuting and protecting the Epstein class.
PAM was to be "a market in the future of the Middle East", and would have allowed trading of futures contracts based on possible political developments in several Middle Eastern countries. The theory behind such a market is that the monetary value of a futures contract on an event reflects the probability that that event will actually occur, since a market's actors rationally bid a contract either up or down based on reliable information.^([3])^([4]) One of the models for PAM was a political futures market run by the University of Iowa, which had predicted US election outcomes more accurately than either opinion polls or political pundits. PAM was also inspired by the work of George Mason University economist Robin Hanson.^([4])^([5])
“Is the problem that we don’t have legislation or that we don’t have enforcement capabilities?”
No, the problem is that our society and culture have become like Las Vegas. Even the stock market itself is like a free for all, not to mention cryptocurrencies. We live in a gambling and speculative culture. It’s not a good thing.
Corruption at the highest levels of governing power lining their pockets without consequence’s. . While being lied to that living wages can be achieved by working more gigs instead of eating out or buying avacado/coffee while shadow nuking every progressive means (academia, financial benefits, workers right, actual jobs being off shored for more profit instead of leaving it stateside,etc….). All of these to pull up the ladder, leaving middle and lower class to ‘close’ all gov financial deficits via additional taxations amongst the long litany of fuckery….
The real question is how many traders bombed bets at the last seconds? theres thousands of accounts betting against themselves either for tax fraud or to con people into paying them for "advice"
There's a club and you ain't in it. No one will go to jail from this. No on went to jail for almost bringing down the country in 2008. Then it was a large level of fraud, negligence of fiduciary duties (self dealing), and insider trading. Then in addition, firms cornering the oil market driving up oil to $150 per barrell and that was the final straw. No one was prosecuted. But we all paid.
What’s going on is Kalshi, Polymarket and ANY form of those “prediction markets” are supercharged vehicles for corruption.
They’re horrible for society, and they encourage more insider trading and now, intimidation of journalists whose reporting causes you to lose a bet. There’s already documentation of that.
_Doodad_ | 7 hours ago
What's going on? It's called corruption.
Try being actual journalists and call people out on it with serious hard-line questions that don't leave room to run. Hold those in power accountable.
People in power that are doing wrong hate being held accountable.
thehourglasses | 7 hours ago
The fourth estate has already decomposed and is being used as mulch to fertilize the money trees.
StatisticallySoap | 5 hours ago
The entire system is f@cked and needs an overhaul with those responsible being held to account
urielrocks5676 | 4 hours ago
It's not fucked, it's working as intended
agumonkey | 3 hours ago
it's a fitting analogy to cancer
StatisticallySoap | 4 hours ago
I didn’t say it wasn’t working, it’s working but it’s f@cked
0o0o0o0o0o0z | 3 hours ago
> It's not fucked, it's working as intended
Yup, it's not a bug, it's a feature.
LickCunts | 3 hours ago
Well we the people are the only ones that can save us. Organize, disrupt, dethrone.
Power to people.
_phaidyme | an hour ago
Fuck fuck fuck fuck fuck fuck fuck fuck
Chemical-Fault-7331 | 6 hours ago
I can’t stand these fucking headlines that are insulting our intelligence. It’s fucking corruption. Call a spade a spade.
_Doodad_ | 57 minutes ago
Too fucking right.
AxlLight | 7 hours ago
What I don't get though is who are the people putting money on these bets without realizing it's all rigged. People, just stop putting money on Polymarket thinking you'd luck out, you're just giving your money away to the rich.
iamnotaclown | 5 hours ago
I wouldn’t be surprised if it’s being used as a way to funnel bribe money. “Oops, I lost a bet on poly market”.
Mysterious_Branch727 | 4 hours ago
Yeah probably a lot of money from Russia being laundered
sshah1213 | 6 hours ago
I wouldn’t be surprised if insiders are giving the opposing advice to their “fake friends” to have them load up on the wrong side before pulling the rug underneath them. It’s brilliant to be the puppet master on both sides of the trades…and the rich people who thought they were gonna get richer but got swindled would have too much pride to say it…
The_Blip | 3 hours ago
It's literally just gambling. People do it because they're uneducated and/or addicted. The same with casinos, you can luck out and get some money, but if you keep playing, eventually you'll lose.
[Deleted] | 5 hours ago
There are too many idiots out there convinced that they're the ones smarter than the average bear who can figure the markets out, and they don't recognize that they're the pigs going to the slaughter. And there's always a new supply entering the market every day.
smokeweedNgarden | 2 hours ago
Algorithms and people taking POTUS's word as fact or legitimate still?
justmeandreddit | 6 hours ago
Yes, agreed. It's Young people, Males, White and which political party....? So in my reflection this is a good thing. They can steal from their own all day.
pxer80 | 5 hours ago
Hardline questions are never answered. As sad as journalism is nowadays, good questions are still be asked, and it goes like this..
Journalist: “can you explain all of the badly timed trades that resulted and large gains for some people before a major announcement? “
(Trump, Leavit, Hegseth, et ):”Who are you again piggy? What need organization are you with?”
Journalist: “I’m with Acme News”
(Trump, leavitt, Hegseth) “this is exactly the type of question that the far left, fake news, woke media like Acme News asks. Next question!”
Etc etc etc
Alatarlhun | 4 hours ago
And then commenters on reddit will unironically blame journalists for not doing their job.
skinnybuddha | 3 hours ago
Asking people to rat themselves out is a waste of time. We need a whistleblower with hard data. That’s the only way this type of thing ends.
Dr_barfenstein | 2 hours ago
You mean like a set of files with names of people and the description of the bad things they did?
skinnybuddha | an hour ago
Like Panama Papers, no not useless information about bad people not doing crimes.
foetus_smasher | 3 hours ago
Why can't the next journalist repeat the question until it is answered?
Baba_NO_Riley | 2 hours ago
Few months ago they did just that.. I can't remember what the question was but when the first journalist got insulted for asking a question, the next one just repeated the same question. As i recall - it didn't get answered either.
Sea-Frosting-50 | 3 hours ago
it needs the next reporter.to follow up and then the next one. and so on
smokeweedNgarden | 2 hours ago
I mean, there's something to be said about politeness and decorum becoming willing chains for just the left.
Nobody is stopping anyone from speaking to MAGA poorly and publicly. And it's really on anyone that can speak on national television at this point.
It's crass, but I promise you we'll have a McCarthy moment if someone calls Trump a stupid, fat, bitch on live TV and we see the reaction.
_Doodad_ | 51 minutes ago
"who are you with?"
"Is this the White House's official dodging of questions? How do you not know by this point? We're here almost every day."
Slumunistmanifisto | 7 hours ago
Gets ya panama papered
eufemiapiccio77 | 7 hours ago
That’s twice I’ve seen a Panama papers reference weird.
dropkickoz | 6 hours ago
Panama Papers x3
dpzdpz | 7 hours ago
They also hate telling the truth. Problem solved.
lemurjerky | 4 hours ago
I remember how much Pelosi was complained about for years but this is totally fine
Substantial_Back_865 | 4 hours ago
The media has always been complicit, but it’s just embarrassing when it’s this blatant and they still keep up the charade and play dumb.
OK_x86 | 5 hours ago
Isn't all of this tracked too? I mean I know US regulations are generally more lax and that the entities responsible for tracking this sort of thing are captured but there must be a paper trail.
Seems like something a journalist could look into.
_Doodad_ | 55 minutes ago
You'd think.
0o0o0o0o0o0z | 3 hours ago
> What's going on? It's called corruption.
It's a big club and you ain't in it...
Eklypze | 3 hours ago
People just report. Most true journalism is dead. There are very few people doing it now.
garitone | an hour ago
Sure, Bari Weiss will get right on that.
_Doodad_ | 48 minutes ago
Oh good. Nothing says journalistic integrity like Bari Weiss.
I've also got some oceanfront property in Nebraska to sell you - cheap.
_Doodad_ | an hour ago
Everyone mentioning the Panama papers... Yeah, that should've been the tipping point. The pitchforks and torches moment.
That we had black and white documents stating bald face corruption in the government and then - something?
Thank you to those who slid me awards! Most appreciated.
YouWereBrained | 50 minutes ago
They don’t when there are no consequences.
Brilliant_Ebb_3064 | 6 hours ago
That requires freedom of the press but Donnie was just lying again when he said his oath of office.
_Doodad_ | 57 minutes ago
The press HAS freedom. Journalists need to quit pandering to a clown.
Donnie wasn't genuinely lying. He said that he didn't know if he had to uphold the Constitution. His stupid sycophants simply allow him to break the law. The press is then afraid to hurt someone's feelings by asking, "why do you let this president flagrantly break the law? When, if this was a Democrat or independent, you'd be calling for their head by now? What's so different?"
Fine-Drummer2604 | 7 hours ago
So Friday, 20 mins before Iran announces the Strait of Hormuz is reopening, someone dumps a $760M short on Brent crude. Oil tanks 10% on the news. Third time in a few weeks this exact thing has happened before a big Middle East announcement. CFTC is now investigating for insider trading.
Iran could’ve just announced it themselves but they gave Trump a heads up first (he posted “thank you” right after). That tip off gave his circle time to load up shorts. Classic..
Hours later Iran’s parliament speaker walks the whole thing back, says the strait stays closed. Ships turn around. But by then markets are already closed for the weekend so stop losses don’t work. Anyone still holding shorts is just stuck watching headlines til Sunday night praying oil doesn’t gap up and destroy them.
Basically Iran let Trump’s people front run their announcement and then pulled the rug after the markets shut. Gave him a taste of his own medicine.
Only catch is the smart money probably took profit during the 10% drop on Friday and got out fine. It’s the guys who piled in late that are cooked. Sunday night we’ll see..
canuck_in_wa | 6 hours ago
Anyone holding a short-horizon position over the weekend in this environment is clinically insane.
Informal-Ad7660 | 3 hours ago
Right now I’m sticking with crypto. Been taking swing trades in chainlink. It’s been moving back and forth between $11.80-13 since January. The rest of the market is too volatile for my liking and that’s saying something considering the risk profile of crypto.
Foodwraith | 3 hours ago
In a thread discussing evidence of rigged markets, you propose the worst rigged market backed by nothing but hope as a safe harbour. Seriously, why not just head to the casino now, hope it works out and stuff your mattress?
Informal-Ad7660 | 3 hours ago
I didn’t propose anything. Commented what I’m doing. I never said anyone else should.
TimeGrownOld | 2 hours ago
Lmao I trust crypto infinitely more than the stock market. Remember 2008? Remember GME? The entire stock market is a device to transfer wealth from retail to institutional investors. Good job boomers
Freud-Network | 31 minutes ago
It's the same players in both "markets." Crypto has the added benefit of being a large contributor to North Korea's nuclear program.
Good job, sucker.
TimeGrownOld | 12 minutes ago
So, crypto is driven by two factors: adoption and hype. You're highlighting the manipulation of the hype without taking into account adoption. Crypto is the easiest way to invest directly into new financial technology; you will make gains regardless of the hype.
The same may be true with traditional markets, but it seems all the powers with influence choose traditional markets to move billions; at least the crypto manipulators were being prosecuted; in this larger market with invested interests, good luck.
dust4ngel | an hour ago
when i want to avoid volatility and pump and dumps, i go all crypto
Informal-Ad7660 | 5 minutes ago
I never said all crypto. I am taking swing trades. Not the entire portfolio, I’m taking small swing trades. That’s it.
TimeGrownOld | 2 hours ago
Same, though I'm just accumulating right now. Check out stellar's 10 year chart; I feel like there is definitely an option play there. Or at least a leading indicator for larger market pullback
ary31415 | 5 hours ago
Or do what I did last week and buy bargain-bin oil calls Friday 4pm, then turn around and sell Monday at open for a 40% return
bdiddy_ | 4 hours ago
yeah no one with 760m was going to go into the weekend with those shorts lol.
Trump trade is too obvious to trust that play even for WSB
GoofManRoofMan | 4 hours ago
Is Iran in on this market manipulation?
HardToGuessUserName | 2 hours ago
maybe its Iran trying to inflict losses on the insiders?
photon1701d | 3 hours ago
There are always some serious spikes in options shortly before Trump makes some type on announcement. I know the SEC has been largely deregulated but does any of this get checked out? It would be interesting to see who is placing these trades. At my work, I am privy to some confidential information and certain trades I can not do or limited to how many shares I can by/sell at once. Between Iran war and liberation day last year, it stinks of pure market manipulation.
DatzQuickMaths | 2 hours ago
No. SEC has been gutted by Trump and there is no one brave enough to look into this or go after him. I wouldn’t be shocked if it’s his son
_Doodad_ | an hour ago
Well, Trump told everyone he'd been gaming the system during an Oval Office interview. When he mentioned how folks made so much money before he made some big announcement earlier that day. Donnie was super proud of how much money the insider trading tips made. And we just watched the corruption FINALLY get the primetime airing a fraudster like him should've been silent about.
roamingandy | 15 minutes ago
Smart from Iran. If they convince Trump they can collaborate to make him personally richer, he's not gonna care about anything else.
Honestly surprisingly good strategy from them if that's what they did.
tripping_yarns | 7 hours ago
Ah, remember the innocent days of Watergate? Woodward and Bernstein? A scandal that rocked the nation and had Nixon impeached and resigned.
That’s just like a Tuesday now.
ForMoreYears | 6 hours ago
That's like Tuesday morning. That's how bad the corruption and self dealing has become normalized.
Goat_inna_Tree | 7 hours ago
I remember Nixon wasn't impeached. I also remember when facts mattered.
Twitchingbouse | 7 hours ago
well yes, he resigned before he could be impeached, he has SOME sense of shame at least, or at least his party did at that time.
Mist_Rising | 2 hours ago
I do not remember when Nixon was impeached (He was not), but I do remember how Roger AIles response to that was to start building the conservative network on cable that created Fox News.
Apprehensive-Fun4181 | 7 hours ago
It sure looks like traders placed over $1bn in perfectly timed bets on the Iran war. What is going on? Let me check with The Fourth Estate, the Brave Truth Warriors of Journalism! Ah, it's my copy of The Economist, they've been as reliable as The New York Times since 9/11!
.....click....click.... "Traders placed over $1bn in perfectly timed bets on the Iran war. What is going on?"
We are so screwed.
rollem | 7 hours ago
At this point, people who don’t have inside knowledge about the exact timing of Trump’s posts* are idiots. Although now that I think about it, it’s probably the same as his crypto money laundering scam: buy a bunch to pump up the price that Trump then unloads for the profit and Trump gives them something (pardons or state secrets are the two best known)… in this case it’s people who knowingly buy up the losing bets and get similar rewards.
We are so screwed…
*edit: and who still trade on these platforms
PimpOfJoytime | 6 hours ago
If the bookies are ok losing all that money what do I care?
hpbear108 | 5 hours ago
if this type of large-scale stuff happened at a Las Vegas Sports Book, they would be taking care of this, whether legally or otherwise.
PimpOfJoytime | 4 hours ago
Right that’s what I’m saying. If Kalshi wants to say “sure, be corrupt” and then payout when people win huge sums as a result, cool, go out of business and be a cautionary tale.
RashmaDu | 2 hours ago
But that's not what's happening? Kalshi gets a share of the profits, it's everyone placing the opposite bets that are getting fleeced - unless there's something I'm missing from their business model, there isn't a way for them to lose?
Apprehensive-Fun4181 | 5 hours ago
That's a fine question.
I'm skipping all other issues but economics. Think about money and how it's supposed to move around to work. I have no final answers or thesis here. There's showgirls and carpet, so it's a wild ride following paychecks & billings!!
Government Spending
If the government builds a bridge with too many lampposts does the bridge still work? Do the lamps not make it stand out? If a lamp breaks, is it still above code? If it's built in West Virginia in 1938, does that extra money spent not flow through the economy, with production skills expanded and maintained? Does the dark, remote town now have this unique bridge? Is that bridge not still there?
Reagan- Trump Market Economics:
*"There are winners and losers & the biggest winner does not have to work. Keep shopping, that pays for the wars.
Income, Fixed, Disposable.
If the rent is too damn high, then how can I participate in the markets? & thus how can the markets reflect the population?
Where does rational economic start? One point early on is this clever Priest walking around street markets and noticing that the sellers all clustered all together and so whatever mix of ingredients and costs existed for these products to be sold... competed.
Competition: to have a sort of stability in prices for buyers and sellers where everyone involved is happy. The rent all around is not too damn high, so the customers and sellers' relationships are steady.
You can see this in Hanoi, where they sell things like bamboo all in one area. The bamboo ain't too expensive, but the farm is doing fine. Stability: economic = social. Today, I don't see a lot of happy workers. I see a lot of unreasonable employers.
Market economics is a web. The strands and connections represent direct relationships. Disruption as a vague noun for many economic trends that is messing up the stability of the web.
Gambling:
If casinos are anything, they are places where the desire to gamble is turned into an economic engine that is so complex that it provides a huge number of jobs in a wide range of skills and products required for existence. Sure all the economic complexity of a showgirls theater is cool, but let's talk about carpet in a Casino!!!
In Casinos, the gambling floor carpet is not replaced. The workers have a break and contractors simply remove all of the gaming tables and then lay down a new layer of carpet overnight and then move everything back as quickly as possible. After decades, it's many inches deep. So workers get a short break which is always nice...and new local work takes its its place temporarily. The checks keep flowing.
Where is anything above in online gambling & fake markets?
avocadosconstant | 7 hours ago
As long as there’s more money to be made by this administration, this war will continue and the rest of the world will suffer for it. There’s also the drone company owned by Fuckwit and Shitcake Jr., which still has plenty of business to do.
Expect many, many more weeks if not months of bombing and death while a handful of extremely wealthy individuals profit directly from it.
stankypinki | 6 hours ago
A felon is using Americans to make him and his friends rich. He used to bankrupt casinos, he's upgraded to countries. Hell of a con-man
lopix | 6 hours ago
What is going on?
INSIDER TRADING
Isn't it extremely obvious at this point? It goes on, day after day, week after week.
And I am willing to bet that people whom Trumperoo knows are benefitting at a VERY non-random rate.
eufemiapiccio77 | 7 hours ago
How are world economies supposed to function when they loose billions because some fucking nutjob tweets out a random sentence like yesterday it’s not insider trading anymore it’s public fraud.
PeterVanNostrand | 6 hours ago
The stock market is the same way right now. There’s absolutely no factual data coming from government agencies and people’s money only exists to be stolen from them by the people in power. The only smart move is not to play. Because at some point, those in power will pick a time to take their ball and go home. That’s when everyone else will lose.
adumblittlebaby | 4 hours ago
Obvious and rank corruption that a lot of people, private and media alike, are trying very hard to pretend isn't happening because it indicates things are far more dire than they are comfortable with.
I don't care what people think or smirk about it, gravity is going to kick in sooner or later and it's going to hit harder than ever because of how irresponsible society is being right now. Everyone is literally losing and gaining fortunes on chaos and think this is sustainable.
Rodot | 2 hours ago
Remind me why we are now calling gamblers "traders" again? If it is because of insider information allowing you to tilt the odds, that's just called fraud
gdirrty216 | 7 hours ago
Likely insider trading, but there is enough TACO history to make the case that they are simply following past precedent on Trump backing down from his bluster to get away with it
allaboutwe | 7 hours ago
Not with the timing, these are placed just hours before an unprompted announcement
SilanggubanRedditor | 7 hours ago
His posts are timed with the market though. Friday Bad News, Monday Escalation and Extension, TACO Tuesday
allaboutwe | 4 hours ago
Like the 950 mil bet place two hours before a ceasefire announcement?
jbjhill | 7 hours ago
Place bet, say something out loud near POTUS, watch the subsequent post generate income.
gdirrty216 | 7 hours ago
I’m with you, very likely to be insider trading. I’m just saying the burden of proof is high, and there is some justification that people are just following the Tweeter in Chiefs posts
feedmytv | 6 hours ago
‘everyone was doing it’
WTFwhatthehell | 6 hours ago
I'm reminded of the story about someone shorting airline stock just before 9/11.
Turned out to be totally innocent person who genuinely just thought airline stock was overvalued at the time.
Fastenbauer | 4 hours ago
It gets so much worse when you follow the logic to its eventual conclusion. For thousands of years we've had match fixing. Athletes losing on purpose so that somebody can win money. People will die because somebody in power would rather lose a few grunts than a bet.
Radiant-Ad4434 | 6 hours ago
The betting sites like the insiders bc their bets push the odds towards the correct outcome.
70% of the gains from bets on those sites have gone to 0.4% of bettors. Source: https://www.youtube.com/watch?v=A654vzQTGbQ
RemotestOfSpheres | an hour ago
Because you’re watching a massive, orchestrated, pre-planned, money grabbing coup on the world society.
Someday, humans are going to have their collective minds fucking explode when the true depth of corruption on this planet is finally comprehended.
There’s a famous photo of Nazi soldiers watching footage of what was happening in concentration camps while they were out “fighting for their country” and the looks in their faces range from bafflement to sadness and confusion and this will be most Americans when we finally realize that we are the Empire we are the fucking bad guys and the evil this country and our “allies” have rendered on humanity is incomprehensibly destructive.
joperz_ | 7 hours ago
People need to take their money out of the stock market en masse. If you don’t you are implicitly condoning this and you’re hoping to be the one at the casino who lands at one of the rigged slot machines.
waitingonawait | 3 hours ago
Most people probably barely realize they are invested in the market and feed into the system. The majority of it is all owned by institutions anyways.
TheNamelessSlave | 3 hours ago
Exactly what you think is going on. But all the people in place to do something about it are the same people perpetuating the corruption, so..
hugeness101 | 2 hours ago
Insider trading is what’s going on. Martha Stewart should be so upset right now. Will anything be done about it? No because those people committing the crimes are the ones prosecuting and protecting the Epstein class.
corporaterebel | 3 hours ago
That is the point of Polymarkets, DARPA wanted this back from 2001 to predict the future.
It was called FutureMap, they wanted to find "insiders" that had valuable information
https://en.wikipedia.org/wiki/Policy_Analysis_Market
PAM was to be "a market in the future of the Middle East", and would have allowed trading of futures contracts based on possible political developments in several Middle Eastern countries. The theory behind such a market is that the monetary value of a futures contract on an event reflects the probability that that event will actually occur, since a market's actors rationally bid a contract either up or down based on reliable information.^([3])^([4]) One of the models for PAM was a political futures market run by the University of Iowa, which had predicted US election outcomes more accurately than either opinion polls or political pundits. PAM was also inspired by the work of George Mason University economist Robin Hanson.^([4])^([5])
muffledvoice | 3 hours ago
“Is the problem that we don’t have legislation or that we don’t have enforcement capabilities?”
No, the problem is that our society and culture have become like Las Vegas. Even the stock market itself is like a free for all, not to mention cryptocurrencies. We live in a gambling and speculative culture. It’s not a good thing.
FortheredditLOLz | 3 hours ago
Corruption at the highest levels of governing power lining their pockets without consequence’s. . While being lied to that living wages can be achieved by working more gigs instead of eating out or buying avacado/coffee while shadow nuking every progressive means (academia, financial benefits, workers right, actual jobs being off shored for more profit instead of leaving it stateside,etc….). All of these to pull up the ladder, leaving middle and lower class to ‘close’ all gov financial deficits via additional taxations amongst the long litany of fuckery….
Appropriate_Scar_262 | 2 hours ago
The real question is how many traders bombed bets at the last seconds? theres thousands of accounts betting against themselves either for tax fraud or to con people into paying them for "advice"
stvie0073 | an hour ago
There's a club and you ain't in it. No one will go to jail from this. No on went to jail for almost bringing down the country in 2008. Then it was a large level of fraud, negligence of fiduciary duties (self dealing), and insider trading. Then in addition, firms cornering the oil market driving up oil to $150 per barrell and that was the final straw. No one was prosecuted. But we all paid.
nocaulkblockplz | an hour ago
What do I tell my neighbor who says that if I had been born/find myself in that kind of position I would’ve been playing my cards right as well?
thepianoman456 | 6 minutes ago
What’s going on is Kalshi, Polymarket and ANY form of those “prediction markets” are supercharged vehicles for corruption.
They’re horrible for society, and they encourage more insider trading and now, intimidation of journalists whose reporting causes you to lose a bet. There’s already documentation of that.
I can’t believe these things are legal.