Price finding mechanism dead?
Does the price finding mechanism known as the ‘market’ exist in the real world or is it something that only exists in theory?
Todd Harrison wrote an interesting story called ‘Hanky Panky’. After reading it, I thought that ‘Gosh! So the market is a price FIXING mechanism.’
Are we trading against Hank Paulson?
Posted on July 30th, 2008 by Soh Tiong Hum
Filed under: Economic Indicator | No Comments »