Quote:
Originally Posted by GratefulCitizen
The problem is when "everybody becomes a trader."
This reduces the market to a zero-sum game.
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True - and it also means that capital formation, the fundamental purpose of the markets, will be deemphasized. Funding the companies that produce private-sector jobs and profits may become more difficult.
Quote:
Originally Posted by GratefulCitizen
There were also many references to inflation and gold.
Then, on page 13,
I can already hear it now: PEAK GOLD!!!  |
Shhh! Don't let everyone know yet!
