Ghost of Igloi wrote:
Igy yes I know. People used to not care which way the market went because there was money to be made in both directions...the problem is that requires actual work, insight, and some alacrity. Govs loathe such qualities, and the more individuals are fragmented, the more gov carries the day. They rig it one way, and over time exclude everyone else from the game.
I disagree with the ruler-on-end analogy. I think it will take something seismic to disturb the equilibrium.
I pray you are wrong since it would be a world I would loathe.
Are you not the same guy who constantly bemoans the effect central banks have on the markets? Surely you realize the governments are stirring the pot.