Three Hundred and Thirty-Five years ago, in 1688, Joseph de la Vega wrote, “Confusion de Confusiones”, considered to be worlds first book on stock trading.
Enjoyed reading this post. To me markets are like prohibition. I agree constant supervision, vigilance and limits are a way to stem the madness. If you try to enforce beyond a point the 'off line' or 'grey market' operators will thrive and the main purpose of the market could be put in jeopardy.
nothing new under the sun.
Enjoyed reading this post. To me markets are like prohibition. I agree constant supervision, vigilance and limits are a way to stem the madness. If you try to enforce beyond a point the 'off line' or 'grey market' operators will thrive and the main purpose of the market could be put in jeopardy.