News for hackers. Stuff that matters.

A comment on Trader Made Billions on Subprime. Parent comment

Re:Trader Made Billions on Subprime by trevelyan on Tuesday January 15, 2008 @08:40PM (#98997)
Speculation provides liquidity to the market. That generally lowers the cost of financial transactions ceteris paribus.
[ Parent | on HN ]

There are no comments on this comment yet.