Archive for the ‘Derivatives’ Category

The God Complex: A Permanent Ban on Financial Derivatives

The God Complex: A Permanent Ban on Financial Derivatives“Knowing a great deal is not the same as being smart; intelligence is not information alone but also judgment, the manner in which information is collected and used” — Dr. Carl Sagan

A surprising number of people in the world today believe society should create a permanent ban on financial derivatives — claiming they are nothing more than gambling instruments, whose only function is to deprive innocent and uninitiated investors of their hard-earned money. And then there are those who know better. Read On…