[time-nuts] nanoseconds in the news
rexa at sonic.net
Fri Feb 17 21:14:54 UTC 2012
I agree with what you have said about the markets causing bad effects on
society because the focus is all short-term, but you are talking about
effects on the human time scale. HFT is orders of magnitude faster and
I saved two links from after the time of the 2010 "flash crash" of the
stock market. In addition to some analysis, they both show amazing
graphics of what the trading algorithms looked like on the actual market
On 2/16/2012 2:45 PM, J. Forster wrote:
> Frankly, I think the rapidity of the financial system is not a good thing.
> It encourages the kind of speculation on Wall Street that more properly
> belongs in Las Vegas.
> It has bred the demands for ever increasing quarter-over-quarter results
> that result in cooking of the books and so on that deters long-range
> planning and thinkingt.
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