A Fine Man’s Casino

The stock market is a part of the economy that I think shouldn’t be as important as it is.

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Tyler Henkel, Entertainment Editor

The stock market. The bread and butter of our economy.

The stock market is a place where people can buy “parts of a company” and sell them to hopefully make a profit.

The stocks go up and down based on how the companies do, for example if Apple releases their next phone, their stock will go up or go down based on the public’s reaction to the newest FBI agent in a box.

Now, I could just run over to Iowa really quickly and go to a casino and achieve the same thing only faster, so I think that the level of importance that the stock market has on America is absurd.

Seriously, how can something that is supposed to be a “smart investment” have graphs that look like Harold and his purple crayon wrote all over it? It’s crazy how these dips and rises can come out of nowhere sometimes.

And don’t get me started on the GameStop stuff that was happening. You cannot tell me that our entire country’s economy was changed because a bunch of redditors decided to buy a bunch of gamestop stock all at once, it’s ridiculous.

Of course let’s not forget about the Great Depression, which started because of a stock market crash. Sure now it’s safer and people don’t put all of their money into it anymore like they did in the 1930s, but the fact that another system hasn’t been created to beat out the stock market in one hundred years makes no sense.

Before you try to correct me, I know Cryptocurrency and NFT’s are gaining popularity, but they haven’t even scratched the surface compared to the hold the stock market has on the economy

That’s not to say everyone’s favorite tony stark wannabe, Elon Musk hasn’t been trying with his whole Dogecoin to the moon rant.

But these things are similar to gambling as well, so why should we trust the stock market, crypto, and NFTs to secure America’s economy?

It seems to me that the stock market should be more like margarine and toast than bread and butter.