• BradleyUffner@lemmy.world
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    8 months ago

    They can take out loans with the stocks as collateral. The money received from loans isn’t taxable.

    • SupraMario@lemmy.world
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      8 months ago

      That still requires you to make sure the stock are worth something, and you have to pay interest on that loan.

      I think people are thinking I’m defending the system, I’m not, I’m just pointing out how it works.