Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: I'd have using the labeling argument was not wherd gou would go Alea

By: Cactus Flower in ALEA | Recommend this post (0)
Mon, 08 Dec 14 10:50 PM | 22 view(s)
Boardmark this board | The Trust Matrix 		Msg. 16490 of 54959
(This msg. is a reply to 16489 by faul)
Jump:
Jump to board:
Jump to msg. #

the fact that i say the government is not the efficient mechanism does not mean you should think you can insert a bank into my mouth instead.

if you have bothered to read my posts you will know i have talked frequently about bank regulation. splitting traditional banks from investment companies seems sensible to me. taking away one-sided commissions seems sensible in some ways as folks will take perverse risks.

what folks invest in when transacting business in well regulated markets is up to them.

and no, since your next post will likely say i think the markets are well-regulated, i didn't just say that. i kinda said the opposite. incentives are often perverse.


 - - - - -
View Replies (1) »



» You can also:
- - - - -
The above is a reply to the following message:
Re: I'd have using the labeling argument was not wherd gou would go Alea
By: faul in ALEA
Mon, 08 Dec 14 10:43 PM 		Msg. 16489 of 54959

"governments are not the efficient mechanism for making many sorts of decision eg the price of pork belly futures."

Would that be the banks then,that can create as many paper pork
bellies as they want but when they admit to rigging the market,
get let off with a fine that is a few percent of their profits...?

Is this the efficient mechanism you speak of where a group
in society can create infinite paper fictions while the rest
have to toil and labor?

« ALEA Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next