J.S. Kim - All markets are manipulated
derryb
Posts: 36,793 ✭✭✭✭✭
Makes a good argument as to why there is no such thing as a "free market." By controlling supply or demand (or both), the manipulator profits. Pretty good read for those who are open to possiblitilies:
Inside the Illusory Empire of the Banking Commodity Con Game
Inside the Illusory Empire of the Banking Commodity Con Game
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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This was my second choice:
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
-there are no investments any more, it's all about speculation.
-there is no such thing as a risk free investment, not cash, not bonds, not anything. Well, the one exception mentioned in the article were the banks getting 3% interest from the FED which is then leveraged up 20X to make 60% on the taxpayers. About as risk free as you can get.
roadrunner
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey