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by lambdadmitry
3221 days ago
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That's fascinating, in a sense shares become closer to ICO tokens (no obligations, no control and no dividends). I believe we can also blame regulators for that. Most banks have extremely low rates nowadays, which is (AFAIK) deliberate to incentivize investment in the stock market. So there is a power imbalance between investors (who have no other choices) and investees, which manifests as rules shifting in favor of investees. |
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