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External speculation is useless and dangerous.

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The Global Financial Crisis
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How should the US and other governments respond?
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Measures to prevent Financial Crisis recurring?
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Prohibit wagers on upside or downside moves of prices
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External speculation is useless and dangerous.
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Price variations are bad for both consumers and producers.
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Systemic risk
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Finance is extremely usefull
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It's impossible to implement
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Too much money would go back into the economy, leading to inflation.
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