Quote from ratboy88:
maybe one doesnt provide liquidity but thousands do. are the markets for the people or for the bankers?
it is the bankers that are ultimately responsible for the "illegal naked shorting" that is going to rot out the market eventually.
Quote from Pa(b)st Prime:
The stock market is for marketeers.
Why else would one take their company public?
Quote from ratboy88:
it is the bankers that are ultimately responsible for the "illegal naked shorting" that is going to rot out the market eventually.
Quote from Pa(b)st Prime:
So trader's are empirically holier than bankers?
What's your motivation Bit?
Market's (futures) are zero sum. One's gains are derived from other's losses.
The job of a speculator is to front run other participants. We add ZILCH to the equation. We're parasites. The average trader is no more of a "liquidity provider" than a guy raising a pot on Party Poker.
Christ, we don't even pay S.S. taxes and trade at a 60/40 blend.
Isn't it nice casting stones?
Gee, I feel so self righteous being a trader. Everyone else is corrupt but I stand pure. Go on with your delusions.
Quote from Pa(b)st Prime:
So trader's are empirically holier than bankers?
What's your motivation Bit?
Market's (futures) are zero sum. One's gains are derived from other's losses.
The job of a speculator is to front run other participants. We add ZILCH to the equation. We're parasites. The average trader is no more of a "liquidity provider" than a guy raising a pot on Party Poker.
Christ, we don't even pay S.S. taxes and trade at a 60/40 blend.
Isn't it nice casting stones?
Gee, I feel so self righteous being a trader. Everyone else is corrupt but I stand pure. Go on with your delusions.
Quote from ratboy88:
no wonder they get away with this shit. if the govt issues money (as per the constitution) then we don't charge ourselves interest with the proceeds going to private banks. the private fed creates money (debt actually) out of thin air and loans it to us with interest!!!!! therefore... there is never enough money created to pay back the debt.
right now all tax revenues service the interest on the debt. this we pay to private for profit foreign banks that are never audited. basically it is theft of america's assets. people wake up.
Quote from Bitstream:
let's say the bankers own in reserve 1ton of gold and from that gold 100 thousands coins can be created. that's no good enough for them so they adulterate the gold and create 1 million coins, then lend the diluted gold and charge interests, taking in a 50-100% profits every year instead of 5-10%. and of course they keep adulterating the gold 'till there's none left in the coins. that's what they are basically doing with our money and our wealth, and we pay the price in devaluation and inflation...and yeah we go into massive debt. it's a pretty easy concept and i am stunned that someone would say it's no big deal, also considering this is just one of the scam they run.
Quote from fhl:
You're not supposed to borrow money unless you use the proceeds for something that will return more than the cost of the debt. The only way these banks could be "stealing all our wealth" is if we are borrowing the money for things that do not justify the interest charge. And, if you say we are foolishly doing just that, then why put the fools in charge of the money creation. What am I missing here?
Quote from fhl:
You're not supposed to borrow money unless you use the proceeds for something that will return more than the cost of the debt. The only way these banks could be "stealing all our wealth" is if we are borrowing the money for things that do not justify the interest charge. And, if you say we are foolishly doing just that, then why put the fools in charge of the money creation. What am I missing here?