The market has to have feedback loops, to calm down runaway trends . If currencies change too far too fast there is enormous disruption. Think food riots.
The Arab spring had economic roots. Hunger has a way of making a man uncivilized.
Governments will put pressure on the banks (If they do not act beforehand) to reign in the currencies.
So the big houses will seek to defend themselves as much as make money. Doesn't that mean they will try to push things the other way, make money returning to the mean? It's a crazy world where the Hong Kong- Singapore Banking Corporation has headquarters in London.
The Arab spring had economic roots. Hunger has a way of making a man uncivilized.
Governments will put pressure on the banks (If they do not act beforehand) to reign in the currencies.
So the big houses will seek to defend themselves as much as make money. Doesn't that mean they will try to push things the other way, make money returning to the mean? It's a crazy world where the Hong Kong- Singapore Banking Corporation has headquarters in London.