alt Hacker NewsManipulation of the market never comes for free.
You just delay, and render unpredictable, the eventual reckoning, for short-term benefits.
It will be interesting to see who’s gonna blame the free market when that day arrives.
Replies
dcrazy • today at 3:01 PM
Manipulating the market is literally the job of both the Treasury and the FOMC. It’s how we enact monetary policy.
> You just delay, and render unpredictable, the eventual reckoning, for short-term benefits.
After a century, those short-term benefits add up to a long term benefit.