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  1. Abhorsen

    Soros pledges billion dollars to university network fund to fight rise of nationalist sentiments

    I'm not ascribing noble intentions here, just noting that I am happy that someone exposed the bullshit the Bank of England was trying to do. And second, his actions weren't bad. Exposing a company doing bullshit is quite moral. Shorting Bernie Madoff (had someone done it), shorting the housing...
  2. Abhorsen

    Soros pledges billion dollars to university network fund to fight rise of nationalist sentiments

    He did expose wrongdoing, on the financial side: The Bank of England bullshitted the public saying they could stay in the ERM. Soros exposed their bullshit. The people you should be mad at are in the Bank of England and the Government. The Brits had no business tying their exchange rate to the...
  3. Abhorsen

    Soros pledges billion dollars to university network fund to fight rise of nationalist sentiments

    I don't find it unethical. Basically, a bank and the government made up economic bullshit. They are the ones who did wrong to the taxpayer. Soros was just the well compensated whistleblower.
  4. Abhorsen

    Soros pledges billion dollars to university network fund to fight rise of nationalist sentiments

    That's not actually true. Stock trading isn't a zero sum game, because a stock isn't really money, but a part of a company. This explains it more: https://www.pragcap.com/is-the-stock-market-a-zero-sum-game/ But more than that, commodity and stock trading provide a public good, as it allows us...
  5. Abhorsen

    Soros pledges billion dollars to university network fund to fight rise of nationalist sentiments

    Honestly, I actually love how Soros made his money, though not how he spent it. He basically said bullshit to the Bank of England manipulating its currency, causing them to leave the European Exchange Rate Mechanism. Any hit against a national bank is a good one IMO, as it shows they are not all...
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