Quote:
Originally Posted by 6.8SPC_DUMP
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Not at great length, but people who blame derivatives, swaps and other financial instruments for the collapse of the economy typically don't even know what these things are. Generally speaking, people should be free to enter into whatever transactions they want to, subject to traditional common law restrictions like prohibitions on fraud.
Complex financial instruments are not boogeymen. They are just contracts entered into by big boys and girls. Discussions like the one you posted are irrational and a danger to our liberty IMO.