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What to Do When Every Market Is Manipulated
Wednesday, August 15, 2012 18:10
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If you don't know who the sucker at the card table, is it's you.
~ old gambler's saying
What do the following have in common?
LIBOR, Bernie Madoff, MF Global, Peregrine Financial, zero-percent interest rates, the Social Security and Medicare entitlement funds, many state and municipal pension funds, mark-to-model asset values, quote stuffing and high frequency trading (HFT), and debt-based money?
The answer is that every single thing in that list is an example of market rigging, fraud, or both.
2012-08-15 18:00:21
Source: http://www.peakprosperity.com/blog/79470/what-dowhen-every-market-manipulated
