I hope everyone reading this realizes that commodity futures are useful and easily distinguished from prediction markets, which are a ruse to get around restrictions on gambling.
replyThe world did fine before derivatives. In fact some might say it did even better. And gambling only makes the wealth gap worse. And there is a ton of nasty incentives linked to it.
replyIncase you missed this in the Epstein files:
reply> This is the way the jew make money.. and made a fortune the past ten years, selling short the shipping futures, let the goyim deal in the real world.
One instance obviously, but not often do you hear them say the quiet part out loud. Most of the times it’s just firms profiting off hardship and/or prior knowledge, which is easy to hide.
Who’s “we”?
replyYou or I certainly don’t have a say in this
/s?
replyDon’t think so. A lot of peoples’ first reaction to something they don’t understand is to try and make it go away.
replyA lot of people reaction to understanding what derivatives are are also to try and make them go away. Thinking derivatives are legalized gambling, and being against gambling entirely, doesn't require a lack of understanding of derivatives to be against them.
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