The joke, essentially, is that all we know about anything money-related is the word “stocks,” which we can’t even spell correctly. Stonks is a deliberate misspelling of “stocks.” It’s used to mock bad financial decision-making, bullshit credentials and/or our incapacity to understand the powerful but incomprehensible economic forces that hang so heavily on our daily lives. Recently, these two worlds converged in what’s arguably the greatest financial meme the internet’s ever bestowed upon us: stonks. IDK, but stocks still went up, so I guess people aren’t too scared.” “What happened today?” “Something about the yield curve, I guess. “What happened today?” “Well, we were all talking about cat penises for a second there, probably because of the terrifying new Cats trailer.”.The world is chaos, and we all need some way of breaking it down into accessible, relatable terms - whether it’s a stock quote or a meme. Both are examples of human beings attempting to process and account for uncertainty. What does the stock market have in common with the Discourse Online?īoth can be reasonably characterized as a million idiots screaming at one another at the top of their lungs, out of which a coherent image or consensus can sometimes emerge.
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