“You [demagogues] are like the fishers for eels; in still waters they catch nothing, but if they thoroughly stir up the slime, their fishing is good; in the same way it’s only in troublous times that you line your pockets.” – Aristophanes, The Knights (424 B.C.E.)
With High-Frequency Trading or “HFT”, there has been a call as of late, to ‘throttle back the speed’ at which a trading firm is allowed to operate. But is this simply continuing the demagoguery and historical demonization of the smallest time-frame in the markets?
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