this post was submitted on 12 Oct 2024
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[–] Supervisor194@lemmy.world 51 points 1 month ago (5 children)

Now if only they could do the same with the stock market. But the conspiracy theorist in me believes that all this manipulation is being done hand in hand with certain arms of the government in order to maintain the government's appearance of solvency and to control inflation in the face of what appears to be nearly unlimited spending. Just keep moving around fake money using a million different utterly opaque methods.

[–] JPAKx4@lemmy.blahaj.zone 21 points 1 month ago (1 children)

They can't put all of congress in jail!

[–] rc__buggy@sh.itjust.works 14 points 1 month ago

They can if enough of us are willing to help

That's the SEC's domain, and I'm sure the FBI helps with catching insider trading and whatnot as well.

[–] SpaceCowboy@lemmy.ca 2 points 1 month ago

People get convicted of fraud charges all the time. Archegos being probably the biggest non-Trump non-Crypto related cases of late.

It's just that if it's a fraud conviction that's not related to either Trump or crypto (and maybe soon Trump will be convicted of crypto related fraud!) it's not big news.

[–] interdimensionalmeme@lemmy.ml 1 points 1 month ago

Don't steal the government does not tolerate competition

[–] UnderpantsWeevil@lemmy.world -3 points 1 month ago* (last edited 1 month ago)

nearly unlimited spending

The great thing about currency is that it can change hands an infinite number of times and function the same as it did on day one.

Just keep moving around fake money

Laughing at my credit card company

How can I owe you dollars when they're all worthless?! Idiots!