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by moate
424 days ago
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>>That is not showing us the market is not rational, it is showing us that Texas politics is corrupt. Dear capitalists, this is not a bar: The first thing proves the second. The market is a real thing that exists in the universe we live in, not just in academic research. The markets are never "rational", because they're just people. They may be "predictable" or even "stable" but humans are not rational. The fact that the market can be manipulated, means that it is manipulated. |
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