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   Alexandre Oliva (lxo@gnusocial.net)'s status on Saturday, 19-Nov-2022 07:22:50 JST Alexandre Oliva

   in reply to

   • Jeff MacKinnon
   not an economist here
   it's important for stocks to go up to attract more suckers to the stock market
   the big players win whether stocks go up or down, in the latter case at the expense of the attracted suckers
   • Embed this notice
     Jeff MacKinnon (jeff@bluenoser.me)'s status on Saturday, 19-Nov-2022 07:23:01 JST Jeff MacKinnon

     Can an economist answer a question for me?

     Why is it important for stocks to go up? Why is this the metric that C-Suite and Boards use to grade performance?

     Economically speaking?

     #economics