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The Objective Standard

Economics

GameStop: The Failed Crusade against Wealth Producers

By F. F. Mormanni

Apr 16, 2021
∙ Paid
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“My goal isn’t to get rich on this; my goal is to bankrupt these billionaires,” claimed John Motter in an interview for the Los Angeles Times, after he used his government stimulus check to trade stocks. “I would buy magic beans on the street from a stranger if he said they had the potential to ruin a billionaire’s life.”1 Many traders on the Reddit plat…

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