Comment Re:VOTE! "WHO'S WRECKING AMERIKKKA?" (Score 1) 370
The Bank of England was only vulnerable because it was trying to manipulate its currency. They were trying to prop up the pound at a higher value than what the free market thought it was worth. In a free market, attempting to keep the price of something at an artificially high level results in one of two outcomes: (1) you wind up owning all of that something, or (2) you run out of money and take a massive loss when the price of that something falls back to its free market value.
Normally this doesn't happen with currencies because market participants know that currencies are backed by governments. Very few people are willing to get into a pissing contest with a government bank. But Soros was able to bring enough firepower to the fight to force outcome (2).
What Soros did is actually exactly what we should expect, and even welcome, from a free market. The people of England weren't screwed by Soros, they were screwed by a government that tried to play games with their currency and lost.