a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by kleinbl00
kleinbl00  ·  3159 days ago  ·  link  ·    ·  parent  ·  post: Stocks Off Sharply as Market Upheaval Grows

It's all an aspect of "currency" to be sure, and nobody with any real understanding of economics is crying out for a gold standard. But at a bare minimum, commodities and forex are more resistant to manipulation. Last guy who wanted my help a la Youngluck was facint 15-25 for market manipulation. By 22, he'd defrauded a pension fund out of $32m through stock price manipulation.





mk  ·  3159 days ago  ·  link  ·  

In the US and much of Europe, that much is true. They tend to move more slowly. If you use the Kazakhstan Tenge, however...

kleinbl00  ·  3159 days ago  ·  link  ·  

...then you get what you deserve? ;-)