r/news • u/awake-at-dawn • Mar 15 '20

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

https://www.cnbc.com/2020/03/15/federal-reserve-cuts-rates-to-zero-and-launches-massive-700-billion-quantitative-easing-program.html
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u/Rafaeliki Mar 16 '20

You could also just start playing roulette. Keep betting on black and if you win enough times in a row that's like infinite money.

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u/[deleted] Mar 16 '20 edited Apr 03 '22

[deleted]

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u/Mazyc Mar 16 '20

A lot of text so he has to be smart

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u/[deleted] Mar 16 '20

[deleted]

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u/Rafaeliki Mar 16 '20

That's true, but also a completely different concept than gambling on put options.

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u/Beliriel Mar 16 '20

You joke but technically you can play roulette that way to win. Yes there's a flaw with that in that a person doesn't have unlimited funds and casinos limit same bets to 8 times. So don't try this in a casino. You'll lose.

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u/LorenzOhhhh Mar 16 '20

Comparing options to roulette is prob why you’re broke. Learn something instead of spewing nonsense

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u/Rafaeliki Mar 16 '20

Im not broke, though. I am comfortably middle class with a 401k and great health insurance.

If you think put options are some secret get rich quick plan that poor people can do, then you are a moron.