美股“游戏驿站”事件:反思与镜鉴

The GameStop Event in the US Stock Market:Reflection and Enlightenment

美国股市"游戏驿站"事件创造了华尔街的历史,也可能是一场金融革命的兴起,改变美国及全球金融市场秩序、生态、结构及监管理念。该事件的发生是建立在美联储极度宽松的货币政策和美国政府较强的纾困政策、金融科技创新所引发的投资大众化和金融民主化,以及社交媒体及平台的动员力已经成为改变社会事件态度及价值的重要机制基础上,具有重要的理论意义。就现代金融市场的权力结构来说,基本上为华尔街精英所主导,从而使得一些金融交易看上去公平合理,实际上成了传统精英利用金融市场缺陷及金融工具匿名性掠夺大众财富的工具。这是导致"游戏驿站"事件爆发的重要根源。投资大众化及金融民主化已经起步,现在是加大金融改革力度以完善市场规则的时候。

The GameStop episode in the US stock market has made the history of Wall Street and potentially is the start of a financial revolution,and even change the order,ecology,structure and regulation of US and global financial markets.The event is of theoretical significance,as it is based on the easy monetary policy of the Federal Reserve,the strong bail-out policy of the US government,the investment popularization,the financial democratization caused by the financial technology innovation,and the mobilization of social media and platforms,which combined together has become an important mechanism to change attitudes and values of social events.The power structure of modern financial markets,which is largely dominated by the Wall Street elites,makes financial transactions seem fair and reasonable.In fact,this power structure has become a tool for the traditional elites to exploit the defects of the financial market with the anonymity of financial instruments and,as a result,the wealth of the masses will be plundered.This is an important source that leads to the outbreak of the GameStop incident.The popularization of investment and the democratization of finance have already begun,which means financial reforms and the improvement of the market rules should step up.