Is there a hard threshold? Do high risk investments such as penny stocks qualify as gambling? Do low risk investments? Annuities? Bonds? CDs?

This comment got me wondering.

Is it more to do with the venue? Stock markets and real estate vs casinos and the lottery?

Were the MIT Blackjack Team gambling or investing?

Or Jerry and Marge Selbee?

Is this just another semantic hotdogs are sandwiches discussion or is there an agreed threshold?

  • Habahnow@sh.itjust.works
    5·
    6 months ago

    We can’t know for sure, but its historically been the case. In addition, the expectation for infinite growth stems a lot from continued research and development. We continue to make processes more efficient making products cheaper and easier for more people to buy. You can say that the econmy will stop growing at some point, but we just don’t know when that may happen.