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It was a barrier to nonparticipants from meddling in markets. Leveraging differentials to siphon auxiliary wealth drains said markets & raises prices for the pa
by tunap 9y ago
It was a barrier to nonparticipants from meddling in markets. Leveraging differentials to siphon auxiliary wealth drains said markets & raises prices for the participants involved. Then add the spurious actors who create artificial events(shortages) to further leverage returns. That's where bubbles appear & without said barriers the world economy has been, still is, broken twice now.