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Comment Re:Economic reasons (Score 1) 384

Stock market is a zero-sum game (wealth transfer vehicle).

That doesn't make sense. Suppose a simple stock market with only a single share of a single company. Alice buys it at $1, holds it for a year, and then sells it to Bob for $2. After another year Bob sells it to Carol for $3. Alice made $1 profit, Bob made $1 profit, and Carol has an asset that is worth $3. Where's the zero sum? Is Carol's stock really worth $-2?? You seem to accept that the economy can grow overall. If companies can grow, then so can the stock market.

Comment Re:No shit Sherlock (Score 1) 343

even if its as simple as stopping the massive amounts of emissions

In what way would deindustrialization and the attendant five-billions deaths be considered "simple". Heck, I'd bet there'd be some political push-back on your idea after as few as one-billion deaths.

Considering that climate engineering would cost us only a tiny fraction of cost of deindustrialization -- and has a chance in hell of actually working -- it's the approach we should be taking the most seriously.

Comment Re:Won't work (Score 3, Insightful) 342

The way I see it, you can eliminate the advantages of HFT while keeping the markets highly responsive by imposing a "clocking" scheme on exchanges. When an order is received by an exchange, it is not executed immediately but stored in a queue to wait for the next clock tick. When that comes, the order queue is shuffled into random order and then executed sequentially. Make the clock ticks wait a random period between 40ms and 50ms and any timing advantage of HFT or geography is nullified. The exchanges are still highly responsive; they just do randomized batch processing. All of the requests they receive in the previous clock period ought to be processed within the new clock period (with perhaps some occasional spill-over, in which case the new clock tick is stretched).

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