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meow2u3

(25,246 posts)
8. The computer-aided high-speed trading is the new rent-seeking
Thu Jan 19, 2012, 05:36 PM
Jan 2012

So is the derivatives market and its control fraud scammers, more popularly known as speculators.

The big banks are the epitome of rent seekers; the less they produce, the more they cause economies to crash, and the more money they fleece from investors, homeowners, and workers, the more money they make. In other words, they're not only rent seekers, they're common criminals acting above the law.

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