It has become increasingly evident, at least among those who aren't currency traders or true believers in the optimality of free markets, that it would be nice if this system could calm down a touch. One option is the Tobin tax, which would impose a tax of around 0.1 percent on currency trades, and act as a kind of damper on speculation.


Chapter 6, At Rest Versus In Motion, p. 197 - The Other Side Of The Coin (2008)

David Orrell Quotes

It has become increasingly evident, at least among those who aren't currency traders or true believers in the optimality of free markets, that it...

It has become increasingly evident, at least among those who aren't currency traders or true believers in the optimality of free markets, that it...

It has become increasingly evident, at least among those who aren't currency traders or true believers in the optimality of free markets, that it...

It has become increasingly evident, at least among those who aren't currency traders or true believers in the optimality of free markets, that it...