Post by
bandit69 on Jan 27, 2021 4:01pm
Here is Another Tidbit For You
If you have a margin account, and most are by default unless you request a cash account, then if you buy long on an equity, your shares can be lent out without your consent as a short so you are essentially helping others benefit from your purchase. You are betting against yourself. It is like if you have cash in the bank, they pay you next to nothing for it, but then you go borrow money from the bank, you are essentially borrowing your own money from yourself and paying the lender a higher interest rate for it. It is called fractional reserve banking.
This won't change though....the power behind that is too much and our financial system which, is an illusion and house of cards anyways, would collapse if it ceased to exist. It is why bank runs are stopped in their tracks if they occur and you cannot access your money during those times.
Financial markets are like life, an illusion.