Here is what is happening. We turned the US government over to a bunch of billionaires. They are predictably using the US government to make themselves vast sums of personal money in various ways including dipping the US federal budget, awarding themselves lawsuit settlements from the DoJ, getting favorable rulings from the IRS, eliminating all regulation of banking especially consumer finance protections. But one of their favorite things to do is buy up futures options on various things and then use the power of the US government to make the options print money for them by bouncing the markets with outrageous unpredictable behavior like declaring war on Iran, peace with Iran, and so on.
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Here is what is happening. We turned the US government over to a bunch of billionaires. They are predictably using the US government to make themselves vast sums of personal money in various ways including dipping the US federal budget, awarding themselves lawsuit settlements from the DoJ, getting favorable rulings from the IRS, eliminating all regulation of banking especially consumer finance protections. But one of their favorite things to do is buy up futures options on various things and then use the power of the US government to make the options print money for them by bouncing the markets with outrageous unpredictable behavior like declaring war on Iran, peace with Iran, and so on.