4 ms·

I think the illegibility of it is important if it is affecting other people's finances.

• harryh 11y ago
  Nearly every good or service that you purchase is backed by a nearly illegible process of global trade. That doesn't affect your finances?
  • pjc50 11y ago
    Doesn't it? The illegibility of offshore money affecting overall tax take and therefore government spending, services, and jobs? The illegibility of jobs disappearing to ... somewhere? Not knowing if you've bought products that have been manufactured by slave labour or just awful working conditions? It's not clear.
  • crdoconnor 11y ago
    >Nearly every good or service that you purchase is backed by a nearly illegible process of global trade. That doesn't affect your finances? Yes it has, but why would you consider that a good thing? CAFTA and NAFTA have been pretty horrendous for the finances of Americans and TTIP and TPP are likely to be even worse. They can't be killed unless enough people understand them, either.
• lmm 11y ago
  No-one is being made worse-off by HFT except professional market-makers (who are being outcompeted) and perhaps professional buy-side traders (whose secrets leak out faster), both of whose job it is to understand the market. If you're a nonprofessional you should be investing with Vanguard or the like, and you benefit from HFT. If a layman with no expertise tries day-trading they're going to lose their money either way; we do have "must have this much money to be allowed to trade" laws, but those are controversial too for obvious reasons.