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In reply to the discussion: Wait, the Derivatives market is worth $1,200 TRILLION dollars??? [View all]jmowreader
(51,165 posts)50. Nor were the people whose houses were flattened...
because coal trucks that can't stop also can't turn, and if your house just happens to be at the bottom of a mountain...
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Yep, I have a friend with a masters in math from MIT. He sat down and explained them to me
stevenleser
May 2012
#33
Banned? Oh no don't do that, just because we silly mortals cannot understand it.
Zalatix
May 2012
#34
That is a powerful metaphor, I hope you will consider building an OP
coalition_unwilling
May 2012
#43
Actually, the CFTC does not have regulatory authority over many of the
coalition_unwilling
May 2012
#42
Yes, I'd like to see the derivitives market regulated by the Nevada Gaming Commission
Jack Rabbit
May 2012
#48
There are two problems actually. Your problem is one of them, in that
coalition_unwilling
May 2012
#44
At least the Roman empire created some great art and philosophy that
coalition_unwilling
May 2012
#45
You are conflating currency (a physical form that money takes) and money (the
coalition_unwilling
May 2012
#46
Here's a good example from real life: AIG sold credit default swaps against
coalition_unwilling
May 2012
#47