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The Gamestop Robinhood hearing took Washington by storm and while there were memorable moments, in many ways it fell flat of living up to the hype or resolving the biggest issues. Today the overarching message from the financial media is the individual investor never had it so good. These sorts of rationalizations have been used throughout history to keep discriminatory behavior in place while assuaging the soul of the elites. It’s not only condescending, but it avoids the fact retail investors
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