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One of the best ways to reform the current financial system. All traders will complain. Some professors will say it will grind the financial world to a halt. Ho
by MrQuincle 14y ago
One of the best ways to reform the current financial system. All traders will complain. Some professors will say it will grind the financial world to a halt. However, if the trading does not have any underlying meaning with respect to what something is "worth", what's the point? It should be some representation of underlying value. Non-transparent derivative products that do not have any intrinsic value or of which their value is incredibly hard to grasp, can just not be the way to go. But yeah, I'm an engineer, so perhaps I'm thinking too mechanical about the entire thing.