Quote:
Originally Posted by Socks
What's with the counter argument that if the US stopped or at least reigned in speculators, that they would just "move to other unregulated markets in the world" taking the money out of the US economy..
I don't get it.. I mean they pushed hard to get this unregulated market in the US in the first place, if they could just move their money to another country back then, why wouldn't they?
Anyone have a clue about this? I think with all the money movement laws, taxes, this and that, companies would have a hard time taking their billions elsewhere, unless they moved their whole company.
|
There is no market transparency. The CFTC can't even see what they are suppose to be regulating.. it really is a joke.