Comment by bumby
2 years ago
Bubbles in the market have been happening for hundreds of years; how would you propose fixing them? Because the only things I can think of tend to erode the whole idea of a market.
2 years ago
Bubbles in the market have been happening for hundreds of years; how would you propose fixing them? Because the only things I can think of tend to erode the whole idea of a market.
It's not really my job to debug the stock market, and well, yeah, perhaps the solution is to have a less free market. I would remove High Frequency Trading for a start. I would make trades slow, really slow. So slow that humans can see and digest what is going on in the system.
All I'm saying is, if there are problems in a system, fix the system. Not throw up our hands and declare the system can't be fixed.
Reality doesn't work that way. Systems are conceptual ideas, they have no real, hard boundaries. Manipulating a system from outside it is not a bug, and is not something that can be fixed.