Rudd banned short selling completely and the bottom fell out of everything anyway. Still the short sellers are getting blamed.
Why is borrowing money from a bank not looked on as short selling money? Thats exactly what it is. People borrowing for investment properties were hoping the value of money would go down. Isnt stealing from the self-funded retirees morally bankrupt?
And isnt fractional banking a way for banks to short sell money that does not exist and they dont have to borrow? Thats is fractional banking is NAKED SHORT SELLING MONEY. Then they used derivatives to get even more short. This is the main cause of the financial crisis, the naked short sellers of money cant cover because what they sold short (money) went up. But for some reason the bankers are what the govt wants to protect when they should be put in jail for their greed.
