Trading creates Value?

[Cutten]

Quote from Anaconda:

Once you again you reveal yourself to be an extremely biased yet clueless individual. Oh, I forgot simple minded as well. You point out an issue that is partially caused by the excessive trading, speculation & paper pushing economy and think that more of the same is the solution?

If you think that selling paper back & forth to each other provides any real value, then I hope you are not at all dissapointed by the current events. After all, why would ANYONE want to produce anything of real tangible value when you can just trade paper back & forth.

It really does not matter, as anyone who thinks that the nation & the world can just hum along thanks to liquidity providers is in for a real surprise in the near future.

Houses aren't paper.

You didn't give a reason why being able to sell or buy houses quicker and for a smaller bid/offer spread is a bad thing.

 

[stefan_777]

If someone limits value creation to tangible things only, like making trinkets, go to landfill, and see the ultimate value of trinkets. They're wasting assets.

If you think it's not just trinkets but services that provide value, go hire a lawyer. Spend $600 just to file some paperwork.

At least traders help keep the market liquid for the retirement investments of the people who make future trash to fill landfills, and who overcharge people for simple services.

The world of "value" creation isn't that glamorous to start with.