jaibot comments on The Robots, AI, and Unemployment Anti-FAQ - Less Wrong
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I, uh, wow... link? (I know basically nothing about the financial system.)
This gets confusing quickly, and my comment is an oversimplification, but: http://www.slate.com/articles/news_and_politics/explainer/2008/10/596_trillion.html
So essentially, any movement in the money markets is amplified by a factor of about 5?
I'm not an economist, but this basically seems like a good idea, if we assume that the average direction of the market is up.