Our Gambling Economy
Why is the stock market allowed? Seriously; why do we allow so-called “investors” manipulate everything about our economy? On the one hand it's international legalized gambling that not only affects the livelihoods of the investors, but potentially hundreds of millions if not billions of people in the world and on the other hand it's used for currency manipulation and strong-arming new entries to the market into complying with the established market (or preventing entry altogether). I wouldn't call that a free market so much as a market controlled tightly by the very people who the regulations are supposed to protect everyone else from. Do you realize that “speculators” can lie, cheat and manipulate the perception of the value of existing and future goods? Some ultra-wealthy guys in New York can basically decide what percentage of Americans can afford to drive to work and buy bacon each month. The immediate repercussions of decisions made by “stockholders” (not to b