4 ms·
Tax the Rich. Problem solved. This wouldn't even be an argument if Citadel wasn't operating in the the market as if it were a casino. Yellen is extremely tale
by supercanuck 6y ago
Tax the Rich. Problem solved.
This wouldn't even be an argument if Citadel wasn't operating in the the market as if it were a casino. Yellen is extremely talented and an expert in her field. She should be paid for those skills and knowledge.
This idea that public officials shouldn't be participating in the society that we have created and that they should be held up to the Standards of Mother Teresa or Ghandi is idiotic, IMO.
The mere fact that we are even discussing this is ridiculous, and instead should be discussing what do we expect from our markets. Should they be a free market that should resemble the "fundamental" price of an asset or is it just a casino where everyone is in search of a greater fool and acting accordingly? It seems more and more likely that if we allow for it to behave like B, we're not going to get A.
- riversflow 6y agoYellen could have recused herself. All of this is kind of moot in the face of that.
- supercanuck 6y agoWould that improve faith in the markets and government? I don't think so. I think this is a way to hold quote unquote liberals to a higher standard than everyone else.