Mar. 07, 2023
March 7, 2023 I honestly can't believe I have to say the things I'm going to below. The US financial system is a complete mess, a fraud, lets call it a \"meme market\". What a joke. First lets talk about off exchange trading. 90% of household investors orders go off exchange and do not affect price discovery? Are you kidding me? What kind of \"free and fair\" market is this? There should never be a single trade of a security that doesn't affect price discovery, not institutional, not household....what is going on here? \"meme market\". Next lets talk about infinite liquidity. That is fancy speak for counterfeiting securities. Creating money out of thin air. We would get arrested for doing this, but somehow this is legal if you kick back to the right people. \"meme market\" Now lets talk about FTD's. It is not legal for me to FTD on my mortgage payment, or my car payment. How is it legal for MM and brokers to FTD securities which have been paid for? \"meme market\" Cost of doing business, that's what your fines are. From the outside it kind of looks like, we know you're going to break laws, just make enough money so you can cut us in. \"meme market\"