Wall Street's Naked Swindle by Matt TaibbiQuicklink submitted by Josh Mitteldorf Permalink
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|Financial markets have become so corrupt that the prices don't really reflect any reality. Wall St insiders can make the prices anything they want because they can create shares out of thin air. Wouldn't you like to be able to create US T-Bills and sell them, borrowing as much money as you want at AAA rates? There are privileged players that essentially have a license to print money.|
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