More than half of retail investors say the market is rigged against them. They were right! It turns out that the market not only did rig but it was also out of control. The governing body that supposes to make it fair was corrupted and regulations were lobbied to become a weapon against competition.
The end of corporations
Corporations are the place for collective people to work together towards a common goal and earn wages to sustain their living styles. It is a collaborative tool to make everyone voluntarily agree on rules to work together. To make corporations work, everyone needs to be treated fairly. Unfortunately, that is not the case. CEO earns 351 times more than the typical worker did in 2020. Being working at the same company, the CEO’s tasks label more important than the typical worker and they desired to earn more than the typical worker did.
Different ways to earn
Typical workers earn income, bosses earn compensation. There are more different forms of compensation that pay off bosses than a typical worker can receive. Compensation was paid by stock options and senior bonds that they can enjoy when the market rises and continue buying off when the market is low. They can defer their profits later because the tax code only applies when stocks are sold for profits.
Rules are for the bosses
CEOs knew the rule well to play and they set rules. Typical workers follow rules and compliance with rules. Typical workers have to work hard to compliance with rules and change their behavior while CEOs can do whatever they want to. It will require a typical worker to spend 100 years catching up with CEOs’ pay.
The stock market is rigged
The stock market is another way to profit from. CEOs and managers can benefit from the inside trades. They knew the news and they took it for granted. Their trades consistence beating the market and make profits while retail investors play after their profits.
The government learned from the corporations
Technically, the companies can print their stocks to infinity as long as investors keep buying them. Sounds familiar? The government prints money out of control to believe the money has an infinite supply.
The government filled with corporate veterans
Many government roles are filled by corporation veterans who knew well of rules and played well. Now, they run the government just like runs corporations to set a rule for others to follow.
Some CEOs capped their pay to justify and raise employees salary
CEO of Gravity Payments capped his salary to $1 million dollars per year so that he can give his employees a pay raise. However, how many CEOs are willing to do that is a question.
There is a need for a fair system
We need to change. The system needs to be immutable and everyone can anticipate with pure luck without any human ways to influence the system toward their favor.
Crypto will replace corporations
Everyone will have the same chance to earn from the blockchain design of fairness. People reward crypto because they put in the effort. The more effort, the more rewards. There is no need for CEOs to bend rules and make rules for others to follow.
In conclusion
Who needs a CEO to make you work or make you follow? You should work for yourself and make a better life for yourself. Building a better community if you will work. Stop becoming a follower.
Photo by Donna Ruiz on Unsplash
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Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.
