Derivatives! I finally get it!
Derivatives aren't complicated! Derivatives are gambling!
The Stock Market is buying an interest in a race horse. Derivatives are betting on the horse race.
Why is this so hard to regulate again, then?
This blog used to focus strictly on politics and policy. It will now be more broadly based on my whims. Don't worry. it'll probably still have a lot of policy and politics... ;)
Derivatives aren't complicated! Derivatives are gambling!
The Stock Market is buying an interest in a race horse. Derivatives are betting on the horse race.
Why is this so hard to regulate again, then?
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