Just exactly what do these people think they are doing?

Message from moi:

This is a reference to Barnhardt's post about the Central Banks' trading in the markets.

  May read the book "Flash Boys" for a better understanding of what's going on here.

  I get the impression that the economy is being manipulated "under the radar" so to speak.  If Barnhardt is correct, the price system is being undermined on a gargantuan scale. She doesn't say this, so I'll say it: this is being done to create the feeling of well-being, as if the feeling of confidence is all that is needed for prosperity to occur. Such thinking is dangerous in my opinion. It suggests that all that's necessary for prosperity is a lot of easy money. When the easy money causes other problems, such as inflation, the banksters can use unlimited amount of easy money to hide the effects lest there be any alarm.  Sinister.


Update:

There's another book that a customer reviewer mentioned that is parallel to what I've been thinking---that the economy is moving away from us at an increasing clip.  The book is called The Lights in the Tunnel: Automation, Accelerating Technology and the Economy of the Future

All this goes to show that I'm on the right track with my land purchase.

Published on Zero Hedge (http://www.zerohedge.com)

Home > Citadel Blasts Lewis' Flash Boys; Says "Small Investors Have Never Been So Fortunate"

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Citadel Blasts Lewis' Flash Boys; Says "Small Investors Have Never Been So Fortunate"

By Tyler Durden

Created 04/29/2014 - 16:41

[1]Citadel's head of Execution Services (cough HFT cough) Jamil Nazarali, proclaimed Monday that small investors have never been so fortunate and said, with regard to Michael Lewis' now infamous book Flash Boys, "The most important thing that the market can do is stop... pointing fingers at everyone else." Citadel, who allegedly provides the NY Fed's VIX trading capabilities, are among the very largest high-frequency traders in the market (and the most levered), so one would surely expect that Citadel would like us all to stop pointing fingers at them. As Bloomberg reports, Nazarali said yesterday during a panel discussion at the Milken Institute Global Conference in Beverly Hills, California, "things are much better today than they were 10 to 15 years ago." For him, yeah.

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Source URL: http://www.zerohedge.com/news/2014-04-29/citadel-blasts-lewis-flash-boys-says-small-investors-have-never-been-so-fortunate

Links:
[1] http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2014/04/Hedge%20Fund%20Leverage.jpg