Markets are supposed to funds economies not
Only investment volume will makes a sense in linking a price
to some kind of business related valuation.
Spec volume is not for real.
That false idea of liquidity, it is never more
obvious than when the market trades a price on low volume
or high spec volume: that’s not value, it’s just price.
we should revisit he usefulness of these market and banking structure.
the minute markets and banks start costing a dime to the economy
is the time to start seriously considering closing them down
and rebuild a financing system that finances the economy.