Post
Topic
Board Economics
Re: Tobin Tax. Anyone want to help me build the Tobin Tax website?
by
niemivh
on 04/07/2011, 08:51:44 UTC
I'd love for someone to tell my why speculation is bad.

I sense a thread derail coming, but yeah I don't see why speculation is so bad.

Apparently that's because both of you aren't aware of how much of it is going on, at least I hope that is the answer.  Before I write a 10 page history on this I'll test the waters: do you think that there is any amount of speculation that would be 'too much' or is it fine to have 50 times GDP of a country flowing in and out of that countries capital markets annually?