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To: GOPJ
“When is that NOT true?”

I'm referring to those who don't produce anything, or who don't really provide a defined service, but make money manipulating currency, commodities, stocks, etc., using other people's money to do it. It's a different category.

I'm not criticizing or casting aspersions at financial services people, stockbrokers, traders, hedge-fund people etc. as a whole - at all. However, there are those, for example those who use extremely fast fiberoptics-based trading networks to manipulate the market, who are making a ton of money while introducing instability into the markets and in a very real way hurting the finances of those people who are putting away a portion of their paychecks every month to fund their 401K. Anyway, it's a longer conversation, but I understand entirely your comment. I think we're just talking about different things.

45 posted on 06/09/2019 6:00:58 AM PDT by neverevergiveup
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To: neverevergiveup
I'm referring to those who don't produce anything, or who don't really provide a defined service, but make money manipulating currency, commodities, stocks, etc., using other people's money to do it.

More money is made 'manipulating currency' than any other 'industry' in the world. A future solution will be a stable trade currency - but that's a ways off. Your other concerns are 'just the way' a sane capitalist system works ... in need of small tweaks but not much else. Read Sowell...

54 posted on 06/09/2019 9:25:16 AM PDT by GOPJ (Line the pockets of deep state thugs to gain power. Graft in DC is protected by 'norms'...)
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