THE FIX IS IN: Manipulation: How Markets Really Work -

Discussion in 'Wall St. News' started by ByLoSellHi, May 30, 2009.

  1. achilles28

    achilles28

    You're extremely naive if you believe that.

    Bankers don't understand whan an option is? Or their exposure to writing one?

    Give me a break.

    Perhaps you'll suggest next that Bankers wern't aware they owned the Federal Reserve.

    Afterall, they're "stupid".

    The only stupid thing about our financial industry is that its built on a gigantic moral hazard, which is fundamental cause of our woes.
     
    #41     May 31, 2009
  2. NazSpaz

    NazSpaz

    I'm scratching my head on this math, someone tell me where I am wrong:

    333 million people = 333,000,000

    you give them each 1,000,000

    That is 333,000,000 x 1,000,000 = 333,000,000,000,000

    333,000,000,000,000 = 333 Trillion Dollars

    Would take 333 Trillion Dollars to give 333 million people a million dollars, right?

    I think the flaw in your math is you called 1000 Million = 1 Billion (correctly), but when you did the math to 333 Billion that is actually 333 Billion 1000's, so you need to multiply it back out by 1000, equalling 333 Trillion Dollars.

    It's late and this is top of my head so hoping I am not wrong on my math but it sure looks right to me right now, someone check it.

    Obviously if my math is right then fleecing even all of the 500 Billionaires wouldn't even come close to enough, which also logically seems correct because if a few people really had the money to make everyone a millionaire then there is waaaay too much money out there for it to be worth anything besides toiletpaper.
     
    #42     Jun 2, 2009
  3. piezoe

    piezoe

    Your math is correct. It's 333 trillion.
    That is assuming you are not British.:D
     
    #43     Jun 5, 2009
  4. Mvic, it's just not that serious 2 me. If u don't get the overall point, well, so what?
     
    #45     Jun 7, 2009
  5. pookie

    pookie

    Great post blsh. Thanks.
     
    #46     Jun 28, 2009