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How PFOF (Payment for Order Flow) and LEGAL naked shorting by market makers really works

redpillPosted for wallstreetbets Pod Members to comment on, 3 years ago2 min read

Great twitter thread by @Keubiko on how PFOF (Payment for Order Flow) and LEGAL naked shorting by market makers really works, debunking much of the B.S. being spread around...

Link: https://twitter.com/Keubiko/status/1362798420218568705


Besides that, anyone else feel that watching some of the ridiculous questions being asked by these politicians is akin to watching the Brawndo debate in the movie Idiocracy?


During the congressional hearing, Reddit CEO Steve Huffman was also asked about people getting hurt following investment advice from people on reddit.

Who is more dangerous to listen to?

  1. The "professionals" and "experts" on TV make horrible investment recommendations every single day backed by a bunch of gobbledygook B.S.?

  2. Or some nutty guy on reddit proverbially shouting "GME to the moon"!

Tough decision, YOU decide... :wls_rolling_on_the_floor_laughing:

It's probably best not to watch the shite show that is a three-ring circus congressional hearing as it may merely render you despondent, or at best insanely frustrated.

They also expose the hard truth that those politicians at the top running things have no clue whatsoever about how the global capital markets, let alone anything else for that matter...

In other words, $BTC to the moon! And hopefully, $WLS soon enough too! :wls_smile:

As an additional sign of this, a tweet by the ECB for Valentine's Day led to some rather humorous replies...

For Valentine's Day, the ECB tweeted:

image.png

@HayekAndKeynes says:

Weaken the Euro, prop up growth
Shove liquidity down your throat
Narrow spreads by buying bonds
Flatten treasuries, across the pond
Risk free yield is, yield free risk
Interest on cash is something we’ll miss

@GJDK22 says:

Roses are red
Violets are blue
ECB keeps printing money
Until hyperinflation is true

@IlegemsSven says:

Roses are red
Violets are blue
Y'all must hope this works
Or you'd wouldn't know what to do

@a73villa says:

Rose are red
Violets are blue
When the € collapses
It will be because of you

@mskvsk says:

Roses are red
Violets are blue
Keep printing money
Till #Bitcoin is a mil or two

"Nations are not ruined by one act of violence, but gradually and in an almost imperceptible manner by depreciation of their circulating currency, through its excessive quantity." -- Nicolaus Copernicus

Link: ECB Tweet On Valentine's Day Backfires, Prompts Scorching Criticism From Social Media (zerohedge)

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