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by JumpCrisscross 1005 days ago
> especially HFT

People deciding to kill things in domains they haven’t the vaguest conception about is how we wound up in this situation. (Killing HFTs would be a major boon to Wall Street. You’re mandating an increase in transaction costs.)

1 comments

We wound up in the situation we are because we let the forces of the free market have free reign in creating all possible sorts of quackery and bullshit.