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    Mr Self Important Senior Member Beskar's Avatar
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    Default Re: The continuing battle against the inevitable Euro area default

    Quote Originally Posted by Furunculus View Post
    i also don't accept there is anything wrong or immoral with high-speed transactions, they are a function of the market and help reduce risk by correctly price pricing assets.
    False, it is effectively a 'money laundering scheme' which exploits and manipulation of the differences between currencies for 'profit'. takes money from governments (thus our taxes, thus us) by fiddling the system for easy money. One of the things a universal single currency will get rid of, and it will be a good thing.
    Last edited by Beskar; 10-18-2012 at 16:54.
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