“FINRA, the SEC, etc., would do better to confront the real problem of financial markets, which is its tendency to radically overinflate and then collapse. It is this organized stimulation that is force-feeding money into securities markets around the world, eventually creating the boom-to-end-all-booms. Today we can clearly see the construction of another – vaster – bubble economy. Those orchestrating this are the real culprits. Crime thrives when there is an environment for it. The larger manipulations of finance and investing provide ample opportunity for fraud. If one wants to reduce such fraud, one needs to attack the macro factors, not the micro ones.”
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