[the_drunkard]

> This is sad because most of what you've said can be applied to lotteries as well, which historically has been criticized as being a "tax" on the poor. The end result is the same: people putting themselves in a worse place financially (on average), just so they can cope with their bleak existence.

Damn. I've never considered the psychological effects of the lottery system, but in a way I think you hit the nail on the head.

Anyways, in the GME scenario it appears that most retail investors are actually in a better place financially because of it.