When corporations are permitted to operate above the law, then they are free to set up high powered trading machines to fire mercilessly on unarmed pedestrians and call it a fair game and legitimate business. And the would be police facilitate the action. The more they plunder in the process, the wealthier and more influential and impressive they are to all the little people who are being unknowingly robbed.
Everyday we see dozens of outrageous examples of financial rigging and fixing. It has become the norm not the exception. This chart shows the algos gaming the Canadian dollar Index ETF over the past couple of weeks. Having targeted the 83.22 level twice in 9 days, today they seem to have moved on once more and the C$ is mean-reverting. Free markets not.
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