krok

5 ms·

1.
by krok 6y ago
> Well, lending new money (i.e. an increase of lending over previous lending) does expand money supply and create inflation. You are talking about lending by banks, and/or the central bank, which is quite clearly money creation . N
2.
by krok 6y ago
Ok, I've done it. I told my children that I'm going to take them to McDonald's tomorrow evening. They see this promise as 100% good, as real as if they were actually holding the burger. The only difference from their point of
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by krok 6y ago
It doesn't inflate the supply, because the amount of people who own the share is equal to the number of actual shares, plus the number of people who are short the share. All the people who are short the share have to buy it back in the
4.
by krok 6y ago
This is a perfect compendium of the flimflam put out by those who object to short selling. 'a physical share' No. There's no such thing. Even a physical share certificate is not a physical share. It's a physical piece of
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by krok 6y ago
If something is impossible to prove wrong because of inadequate data isn't that a strong suggestion that further research would be a good idea??
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by krok 6y ago
I mean, you're just reciting the arguments that the science establishment generally recites. We have spent tons of money on particle accelerators to no clear benefit, either to science or to society. If a similar amount of money had go
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by krok 6y ago
If person A wants to get paid to do something and person B wants to do the same thing to a similar quality for free as a leisure activity, isn't it sort of expected that it will become hard for person A to make a living? Doesn't i
8.
by krok 6y ago
Something called a Failure To Deliver. Basically you have to pay extra to keep the stock one more day or whatever, and you have to deliver it the next day, or next settlement period. The fee could be quite punitive, or fairly trivial depend
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by krok 6y ago
I don't know they aren't, but it's illegal. Large hedge funds are unlikely to be breaking the law, and I haven't seen any evidence that they are which wasn't based on a misunderstanding of the free float numbers. St
10.
by krok 6y ago
You can have a short squeeze without naked shorting. Shorts who aren't naked have borrowed the stock from someone. If that person asks for it back, they have to go out and buy it in order to return it. At least in theory, if retail i
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by krok 6y ago
You are missing something - these aren't naked shorts. The fact that more than the whole float is out on loan does not imply that naked shorting is going on.
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by krok 6y ago
> These points doubtless make me appear to be a complacent shill for the financial industry, talking down to the rubes For context, in 2008 John Authers was a (very senior) Financial Times reporter on Wall Street. He became aware that th
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by krok 6y ago
I mean, they are Christians and they are odd. Should he not be allowed to say this?
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by krok 6y ago
I don't want to dismiss what she experienced and how upsetting it must have been, but "she received death threats" covers a lot of ground. Apparently lots of people make internet death threats all the time. Every single cas