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hock1

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hock1

Re: jist1 post# 384109

Wednesday, 04/16/2014 11:44:45 AM

Wednesday, April 16, 2014 11:44:45 AM

Post# of 432527
jist1...

It seems to me the argument for not changing the current system is Liquidity. Am I correct in this assessment?

Yes. That is a standard argument. However, the entire system of stock ownership and market valuations is based on the existence and issuance of a finite number of shares in any particular issue. No matter how you look at it (i.e., unauthorized sale of shares or unauthorized derivative creation), the system as we know it, and have trusted as a zero-sum game, has been compromised (hacked).
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