alt Hacker NewsA lot of people reaction to understanding what derivatives are are also to try and make them go away. Thinking derivatives are legalized gambling, and being against gambling entirely, doesn't require a lack of understanding of derivatives to be against them.
> thinking derivatives are legalized gambling, and being against gambling entirely, doesn't require a lack of understanding of derivatives to be against them
No, but anyone who has an introductory knowledge of derivatives and their history will know of the Onion Futures Act, which banned "the trading of futures contracts on onions" to predictable (albeit long term) effects.
Broadly speaking, the less someone knows about derivatives and the further their work is from the production of any good (versus services), the more likely they are to get upset about it.
[1] https://en.wikipedia.org/wiki/Onion_Futures_Act#cite_note-fo...