Lake Erie Conservative

thoughtful discussion(s) about issue(s)

… Have the DummyCraps lost their Minds [#financial transactions][#taxation]…

Posted by paulfromwloh on Wednesday,July 13th,2016

.. speculation is part of what drives the market . It serves as a market maker and price setter , telling us what value should be put on a financial instrument ..

.. they may drive people nutty , but they are part of the system , an important part of the system . They are a necessary evil ..

.. [h/t —]..
.. [link] to the blog post ..

.. in the electronic age , you want to have them working on your market . Taxing their transactions will just drive them offshore to other markets where their transactions cannot or will not be taxed ..

.. are the DummyCraps this oblivious to the market system that they would propose something this stooped ?? ..


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