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Beating them at their own game like this, costing them billions of dollars, is one of the funniest things anyone could ever do – even if the government is just going to tax you with inflation to get them all their money back.

>Beating them at their own game like this, costing them billions of dollars, is one of the funniest things anyone could ever do – even if the government is just going to tax you with inflation to get them all their money back.

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[–] • 1 pt

Can someone explain this in a 'Dummies' version?

[–] • 1 pt

If I got it right:

The company wasn't doing well and the "pros" were short selling, sure that it will go bankrupt.

Then some gamers decided to save the company and started buying shares.

Share price went through the roof, so short sellers (coincidentally jewish as the article implies) lost because they will have to pay the difference.

So those who control the stock market got mad and try to find a way to ensure their profits.

[–] • 0 pt

Idl if I could explain it in simpler terms than the article does