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by JumpCrisscross 781 days ago
> thought Amazon was a public company, not private

Parks, libraries and military bases are publicly owned. Amazon is a private company whose shares are publicly traded.

> since supply and demand is dead

This is wrong.

> so that DTCC (Depository Trust and Clearing Corporation) and Cede & Co do not hold all the assets for retail in street name to then bankrupt and collect all the assets

This is nonsense. (For starters, not how bankruptcy works.)

> Maybe I missed something

Mankiw’s Principles of Economics is a well-regarded introductory text [1].

[1] https://en.m.wikipedia.org/wiki/Principles_of_Economics_(Man...