Wanted to write a short blurb.

I find it ironic that most Wall Street and government officials are surprised by the market volatility seen in the recent $GME event. The leverage they used throughout the last several decades through financial “instruments” such as 0% (or some countries with negative) interest rates, indefinite quantitative easing, and monopoly issuance of currency have helped to propagate socio-economic imbalance. The current market chaos and insurgence are the results of the very financial climate they’ve created. The new market players that are entering post-2008, mainly millennials (like myself) and Gen Z’s that grew up in said climate, have high tolerance for chaos. After all, it’s the very environment we grew up in. It’s not surprising Bitcoin was created in response to 2008, with its genesis block message citing “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” I find it timely, with 2020’s $3+ trillion US budget deficit including more corporate bailouts, that the WallStreetBets sub-Reddit group took it upon themselves to target over-leveraged short positions in Wall Street that can only be explained by arrogance. I don’t know if an ideological war for wealth control will play out between the legacy banking system and central banks versus the growing decentralized finance movement reflected by sub-Reddit community, blockchain technology such as Bitcoin and Ethereum, and even rises in commodity prices such as gold and silver (albeit prone to market manipulation). Perhaps, it’ll be a harmonious growth. My only concern is that the casualty of said war is going to be unkind to the financially illiterate, technological laggards, and productivity-challenged (i.e. opportunistically marginalized through physical or learning disability, discriminated, etc.) individuals. I’m hopeful that rising tide will lift all boats, eventually.