Paul Krugman:
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Paul Krugman:
"When officers of a company or people close to them exploit confidential information for personal financial gain, that’s (illegal) insider trading. But we have another word for situations in which people with access to confidential info regarding national security exploit that info for profit. That word is “treason.”
There’s a broader lesson here: You can’t trust a corrupt govt to protect national security. And our govt is now utterly corrupt."
https://paulkrugman.substack.com/p/treason-in-the-futures-markets?r=4bv4c
#UsPol -
Paul Krugman:
"When officers of a company or people close to them exploit confidential information for personal financial gain, that’s (illegal) insider trading. But we have another word for situations in which people with access to confidential info regarding national security exploit that info for profit. That word is “treason.”
There’s a broader lesson here: You can’t trust a corrupt govt to protect national security. And our govt is now utterly corrupt."
https://paulkrugman.substack.com/p/treason-in-the-futures-markets?r=4bv4c
#UsPolRE: https://mastodon.social/@dangillmor/116287194346451211
"Volume in stock and oil futures surged minutes before Trump’s market-turning post."
https://fosstodon.org/@dangillmor@mastodon.social/116287194419481333#UsPol
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