EPISODE · Feb 1, 2021 · 31 MIN
Robinhood Robinhooded Robinhood
from "Age of Miracles" · host Packy McCormick | Turpentine
If you've been wondering what's going on with GameStop, WallStreetBets, and Robinhood, I got you. This was inevitable once Robinhood introduced free options trading. Robinhood bet that it could introduce tremendous amounts of risk into the financial system, push all of it onto its users and the market at large, and insulate itself from the consequences. And it would have gotten away with it too, if it weren’t for those meddling kids! Read the full piece on Not Boring. Brought to you by Future: join our 21 workout challenge. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ageofmiracles/message
What this episode covers
If you've been wondering what's going on with GameStop, WallStreetBets, and Robinhood, I got you. This was inevitable once Robinhood introduced free options trading. Robinhood bet that it could introduce tremendous amounts of risk into the financial system, push all of it onto its users and the market at large, and insulate itself from the consequences. And it would have gotten away with it too, if it weren’t for those meddling kids! Read the full piece on Not Boring. Brought to you by Future: join our 21 workout challenge. --- Send in a voice message: https://podcasters.spotify.com/pod/show/ageofmiracles/message
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Robinhood Robinhooded Robinhood
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