After each market crash, the regulators reward themselves in two ways:
1. We did not see it coming.
2. We need new regulations (more power).
We need no regulators, for we have bloggers. Free speech is all that is necessary, and it is sufficient, to have effective regulation.
Tyler Durden is easily providing all necessary supervision for USA markets at no cost to taxpayers:
1. We did not see it coming.
2. We need new regulations (more power).
We need no regulators, for we have bloggers. Free speech is all that is necessary, and it is sufficient, to have effective regulation.
Tyler Durden is easily providing all necessary supervision for USA markets at no cost to taxpayers:
And while we are delighted that yet one more alleged case of gold manipulation is now confirmed, we are curious if the CME, CFTC and DOJ will also prosecute instances of gold manipulation when the ultimate outcome is the price of gold going lower instead of higher, such as the one documented in “Vicious Gold Slamdown Breaks Gold Market For 20 Seconds“, “Stop Logic” Gold Slam Was So Furious It Shut Down CME Trading Again” and on countless other occasions most of which have been duly documented on this website.Deregulate something. Anything. Feel free to forward this by email to three of your friends.
1 comments:
Governments (in general) love crises because it gives them an excuse to spend more.
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