Game stop 2: What are stock markets for? — Peter Radford

Summary:
The sudden attention being given to the gyrations of Game Stop stock prices has caused all sorts of hand wringing within the hallowed walls of high finance. In typical fashion the people who like to carry on their trading and associated activities beyond the public gaze are all a twitter because a bunch of apparently crazy outsiders are not adhering to the sedate rules of the game. This produces truly odd results. Normally virulently anti-government voices are suddenly calling for SEC investigations and even regulation to prevent outsiders spoiling things. Some are swooning over the event as a demonstration of the awful greed and selfishness that has overtaken even average Americans — rather than just Wall Street denizens.How dare average people become as greedy as Wall Street

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