This headline was not a reference to the regulators seating arrangements. No, it was yet another useless flurry to try to regulate the stock market, a prime example of a politician wanting to be seen to be doing something.
Yes, it’s Wayne again.
Short selling has raised its head as the bogeyman. After all, the people in the market couldn’t have just been greedy or stupid, could they??!! Short selling is a time-honoured method of transferring wealth from the ill informed to the informed; it’s been going on since we were all amebae. That is the general purpose of the stock market.
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Australian Politics from the Dark Side
Yes, it’s Wayne again.
Short selling has raised its head as the bogeyman. After all, the people in the market couldn’t have just been greedy or stupid, could they??!! Short selling is a time-honoured method of transferring wealth from the ill informed to the informed; it’s been going on since we were all amebae. That is the general purpose of the stock market.
Discuss
Add this link to...
Tell a friend
Bury
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