Can people purposefully collapse the stock market?

Is it possible that someone has been playing both sides of the financial fence, seeking to destabilize markets for their own purposes?

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Episode Transcript

Speaker 1 (00:01):
From UFOs two, Ghosts and government cover ups. History is
writtled with unexplained events. You can turn back now or
learn the stuff they don't want you to now. Hello,
welcome back to the show. My name is Matt. And
then and this is stuff they don't want you to know.
And you may hear my voice sounding a little strange.

(00:22):
That's because I cleaned house yesterday. Is that a euphemism
for something I wish? But no it is not. I
actually just dusted and swept, and I have some dogs.
So the amount of hair that just in a week
can accumulate his astounding. So you do, uh, you do
like cleaning stuff of your house every week? I mean no,

(00:45):
not every week, certainly, but this time it was a
week in like interval between the sweeping in the living
room and holy crap balls, Oh I can't, Can I
say that? Yeah? Crap balls? Yeah, there might be a said.
You know, there's probably someone who sells something called crap
balls and they're hopefully overjoyed appear in the podcast. Um

(01:09):
the cake pops. That would be like a crap ball. Well,
I really hope that we can say crap ball, Matt,
because this will be about the h it'll be fun.
If we can't, then Nolan just had bleeped it out
and every no one will know what we've said. So yeah,
as always a big hand to our super producer, Mr
Noel Brown. On the Ones or Two's Matt, I found

(01:29):
the phrase cleaning house or clean house very interesting because,
as you know at the time of this recording, Uh,
some tapes emerged from a whistleblower the Federal Reserve, and uh,
it's got people in modern America, although not as many
as I would have thought clamoring for a cows cleaning

(01:51):
and I do mean as euphemism at the Fed. What
on earth did those tapes say? Was there something wrong
in them? Well? A cprently the the whistleblower herself, who
will probably do in another episode. Uh. She found that
the Federal Reserve or members of the Federal Reserve had

(02:12):
a distressingly cozy relationship with some of the very same
organizations they were supposed to be policing, such as Goldman
Sachs uh, and that they would have conversations where people
would say things like, well, you know, do the rules
really apply that way when you're wealthy? When you when
you have that much money, do they really know, right, well,

(02:36):
that was that was the sense that she got. In
full disclosure. I've yet to listen to all these tapes.
I've just been reading about them. Yeah, so what we've
what we found is that this is kind of an
open secret. But for the average American dare I say,
the average person in the world, uh, the stock market

(02:59):
and find it's itself, it's very up too, strange, arcane thing, right,
Oh yeah. Sure. The complication of it alone is it
makes someone like me want to turn away because you
just you there's so much information that you need to
grasp in order to understand just the basics of what's happening. Right.

(03:19):
There's some terminology, sure, there's some jargon, but to me,
I feel like I didn't need to study, like I
was gonna take a test or something. Yeah, and you know,
you and I working at how stuff works here. We've
always thought that it is possible to learn something you
can take no matter how complex an idea is, it
can be broken down into certain components. Those components can

(03:42):
be explored and then soon enough, although piecemeal, you may
know the entire thing. Uh, it can. It can be
a tough gig sometimes, but it's worth it. With that mind,
let's start, uh, enlighten me. What what the heck is
a stock market? Why do we have these? Well, we
have stock market speak because capitalism exists, and a couple

(04:03):
of things happened along the history of capitalism to create
these fun things that we call stock markets. So there
are these things called securities, and they're essentially financial instruments
that serve as investments, let's say, and their respective terms
are considered to be longer than stocks, but stocks, um,

(04:25):
they may be more apt to undergo kinds of the
fluctuations that you see when you look at the stock
tickers when it goes up a certain amount of points
or down a certain amount of points um. But then
these securities they're typically considered to retain a lot more
of their uh, the stableness of their let's say, their numbers,
So so they're stable. They're also considered like both assets

(04:48):
and investments essentially anything you can trade in a lot
of ways to security. But they're not just stocks. And
there there are a couple of kinds right, well, there
are three. These are probab the things that your dad
is invested in. Just you know that having conversations with
my father. Over this week. I find out, you know,
I found out a lot of things that my dad's

(05:09):
four oh one K is in. Because you know, most
of our I don't know, I can't say most. A
lot of the people who work here probably have four
oh one ks or parents that maybe had a four
oh one k from the sixties or seventies. Your life
is just so much more well organized than mine. We'll
look lean in your house. You're talking to people about money. Well,

(05:32):
it's one of those things that you have to begin
to understand when you hit your thirties. Us, I got
in a fight with a dog over a sandwich last
week and it was my dog. That's where That's where
I'm at in life, bro. But anyway, anyway, yeah, okay,
So there are several different kinds of securities back there.

(05:53):
So there's a debt security. These are things like bonds,
bank notes. There are equity secureties. These are your common stocks. Okay,
so when somebody says stocks, they're probably talking about equity
securities exactly. And they're also these fun things called derivative securities.
These are futures now forwards options there, they are derivatives.

(06:18):
That is the one thing that is that's the thing.
You might struggle to understand here, as we sort of did,
but it's you can wrap your head around it. Just
stay with us. So another definition a share, A share
is literally that a share of percentage of portion of
ownership in a company. By having a share, you are

(06:39):
theoretically entitled to some amount of assets. However, not all
shares are created equally. There are common shares, they're voting shares.
There's a difference, and all these shares together form what
we call a stock, right, And a stock is comprised
of a certain number of shares a yes, and all

(07:00):
companies have the same number and certainly not the same
value per share, and more can be created, which is
really interesting. That's cool. Uh, it's like some sort of
magic I mean by which I mean math. Yeah, yeah, yeah, yeah,
that's what it is. Anyway, it was it was a ero,
so I'm not sure if it technically counts as a sandwich.

(07:20):
Going back to that story, we're just jumping every I
love this. The dog is cool though. So. Uh. You know,
a company has assets, and assets are everything the company owns,
right uh. And they also have their earnings, which are
everything they bring in. So the big question is why
on earth would a company want to share this with

(07:41):
the public, right, what what's the what's the gift? What's
the advantage? Well, the advantage means that you're getting inflow
of cash or it's kind of an investments into your
company capital, if you will, so that you can do
things with your company and then maybe make some money
and then give back in derivatives to your stockholders. So

(08:05):
a lot of companies will borrow money, which is debt financing. Uh.
Then they can in turn sell shares and that's called
equity financing. Okay, So those two different ways that companies
can acquire capital. Going back to our amazing pizzeria thing, Uh,
all right, why would you Why why do so many

(08:25):
companies prefer to sell stock rather than to accrue debt. Well,
there's no interests, that's for That's a good starter right there.
And because there's no interest, there's not even a requirement
to pay this money back. UM. Selling stock distributes the
risk among a whole swath of people rather than just

(08:48):
a small group of investors. UM. So basically, if the
whole thing just goes belly up, the founders don't have
to lose everything necessarily. UM. They'll lose smaller chunks of
every at the stuff, so it distributes liability. That makes sense,
But they're also disadvantages to playing in the stock market pool.
One of the biggest and the primary is risk um

(09:14):
and part of that risk is whether or not the
game that you're playing, in particular is rigged. Ah. Yes,
And as we mentioned at the top, you know, recent
evidence shows that organizations charged with policing the stock market
have some cozy relationships with some of the groups they're
supposed to supervisor regulate. But Matt, going back to what

(09:37):
Goose said, I thought it was very interesting. Is the
game ragged? Um? I'm just gonna answer that way first
and then get to it. Well, it's very interesting that
you would ask that, Ben. Let's get to several of
these theories that we've been covering this week as some
here's where it gets crazy. Yes, Well, in fact, we

(10:01):
have found that it's quite possible for a single group
to acquire a large enough chunk of stock uh or
at least one section of the market, to trigger either rise,
even if it's just a slight rise or fall. And
this when this happens, the group could theoretically control or
alter the market in their favor. If they controlled enough

(10:24):
of the pot. Again we're speaking, you would have to
have quite a large amount there. Here's a good one,
one very popular conspiracy theory, because there are quite a
few conspiracy theories about this stuff, um, some which hold
more water than others. But this one is if there
was the greatest hits, this would be one of the
more recent ones that made it onto the track. With

(10:46):
this guy's name, you will know George Soros, according to
Mahat Tire being Mohammed, who is not just some guy
with an interesting name, but in fact a former prime
Minister of Malaysia from Maybee one to two thousand three,
so it's probably minister for a long time. Matt He
says that George Soros was partially responsible for the economic
crash of the East Asian markets. The tie boats was

(11:11):
unpegged from the dollar. And what we mean by that
is in currency trading or in currency valuation, quite a
few countries are pegged at a certain amount to a dollar,
so x amount of boats or whatever, X amount of
the Thai currency equals one dollar. Um. A lot of
countries do that, but Thailand didn't. And then Thailand stopped rather.

(11:36):
In the three years leading towards the crash, says the
Prime Minister of Malaysia, George Soros, invested in short term uh,
speculative stocks and real estate and then he just dumped
them when he heard about the valuation. And then that,
according to this guy, right dropped the market. So so

(11:58):
how much did he have that? That's one thing that
we have learned so much about the speculation involved in
the stock market and how much a rumor can change
the entire thing. Oh yeah, there's there's a strange group psychology. Yeah,
or even just the thought that someone as influential who
has a lot of something like George Soros looking at

(12:20):
what he's doing and then going oh, well I need
to do the same thing, and then you just get
this wave effect. Like if Warren Buffett, for instance, came
on National TV and of course they give him a spot.
He came on National TV and he said, you know
what is over Hasbro toy market or something like that,

(12:40):
then they would tank because people follow this uh financial profit. Yeah,
that's what financial profits. I feel like we need to
do a whole series on that now. Buten oh I
don't know, man, Yeah, Okay, we could do it. But
if we talk about financial profits, we have to talk
about of course the But I'm gonna say, by far,

(13:00):
the largest, most well known, most popular conspiracy theory about
someone controlling the stock market. You mean the Boogeyman family,
the Rothschild's, or you could really insert pretty much any
large banking family that's been around four hundreds of years. Yeah, Rockfeller, Morrigan,
et cetera. So there's this idea that ultimately the Rothchild

(13:26):
family itself, the entire clan, controls stock markets around the world. Yeah,
and okay, So here's why it's scary because as a whole,
the Rothschild family, the dynasty, if you will, is profoundly rich.
Part true, like ho whoa rich, perhaps the most wealthy

(13:47):
family in the world or perhaps even the history of
the world. We literally have no idea how much money
this family controls, what how many assets they officially have.
You can just look at the real estate of the
Rothschild family and your brain will pop right out of
your head. Yeah. Great wine too, apparently. Oh yeah, that's
something that people say. Uh. But there's a point here

(14:10):
where we have to be fair and we have to
point out that with so many competing interest Uh, it's
tough to believe that a single entity could control the
entire global market system. What's more likely would be loosely affiliated,
maybe influid confederacies of groups that move as their interest aligned. Yeah,

(14:32):
and it should be noted that the Russild family is
widespread throughout the world, and perhaps even their own interests
among the family are competing. So I didn't think about that. Yeah,
I was looking at I guess the genealogy and just
looking at where all the people are, what kind of things.
There's a lot of information about individual rich people on

(14:53):
the Internet, which kind of freaks me out but also
makes me glad to know that there's at least some
kind of tab But Wikipedia has way too much information
on people. Yeah. Yeah, Wikipedia is fascinating, and I think
it gets a bad rap sometimes because the people behind
it are definitely not in it for the money, and

(15:13):
they're doing some great work at different times. I just
found out that the that people name different types of
wind in Australia, and there's one called the Fremantle Doctor.
It's a name for this consistent sea breeze that goes
through Perth. And I wouldn't have known that if Wikipedia
hadn't told me so, thank you, thank you Wikipedia. But
with that, yeah, with that in mind, the idea about

(15:36):
privacy being a new privilege of the elite is another
podcast that we could explore to We've got a lot
of potential here at UM. There's another theory, and the
theory is that banks have always controlled the stock market
and the big fight is actually between US banks and
European banks. Now, listeners, I know a lot of you
guys are gonna say, there's not really difference. It all

(15:57):
goes back to the city of London what it which
is a weird, creepy, anachronistic thing to begin with, and
we should also do a show on that. And historically
the US presidents were against these kind of central banking
systems that um, that often lobbied to move away from
the standards, the hard standards like gold standards are still silver, um.

(16:22):
And then you've had these other competing interests of the
bankers that always wanted this, not always, but many times
wanted a fiat currency like the one that we have
right now, controlled by a central organization, right, a quasi
governmental organizations often called uh yeah, we know it's true,
maybe not all, but many US presidents were against these

(16:43):
sorts of banking systems. Got a quote here from James Garfield,
whom some of you may remember, I mean remember reading
about unless you were very very old, and which kids
contact us with You know what I remember from high school?
Did he get shot or hurt or yeah, spoiler. Here
we go from his inaugurabal speech. The chief duty of

(17:06):
the national government, in connection with the currency of the country,
is to coin money and declare its value. Grave doubts
have been entertained whether Congress is authorized by the Constitution
to make any form of paper money legal tender. The
present issue of the United States notes has been sustained
by the necessities of war. But such paper should depend

(17:26):
for its value and currency upon its convenience in use,
and its prompt redemption and coin at the will of
the holder, and not upon its compulsory circulation. These notes
are not money, but promises to pay money. If the
holders demanded, the promise must be kept. And a hundred
days later he died of dysentery on the Oregon Trail. No, No,

(17:54):
he was assassinated. Assassinated, which you know not to not
to make too much light of it. And not to
say those are necessarily connected, but yes, he died of assassination.
So that's one theory that banks have already controlled it.
And then there's a different idea, and that's that the
stock markets function as these money managing or siphoning tools.
So if I canna do a quick example North Korea.

(18:16):
So North Korea has a booming black market because it
was the only way for many people to survive, right uh,
selling goods from China, cell phone, South Korean soap operas, methamphetamine,
and and they begin to save money. They were crewing savings.
This could be a problem for the UH, for the

(18:36):
regime or for the government. And at one point they
just said, okay, we're changing the valuation of the money.
So everybody lost the cash that they had made. And
this other theory about the economic system, called this talk market,
is that it's the same kind of scheme. Yeah, well

(18:57):
it remember seeing something about the thirty year cycle of
boom and bus to where I guess the people who
are of a certain age will be able to profit
profit for a generation and then retire and then uh,
then it starts over again. It falls. Then you kind
of get this thirty year cycle. I don't know. Um,

(19:19):
it's an interesting theory. Well, it's uh, it's funny because
do you remember Dilbert comics. Yeah, well the creator, Scott
Adams believe that this is the case, or he did
at one time. Oh uh, he actually wrote about it
in twenty blog post. My prediction is based on the
observation that the stock market appears to move as if

(19:43):
it's manipulated by a network of big players. They lure
in the small excitable investors by allowing the market to
show a year or two of solid gains, then they
sell their shares, spook the world with predictions of doom,
and buy back into the market at lower prices. Interesting
quote there, Ben, Yeah, that's pretty interesting, Matt. And you

(20:06):
know there have been other people, of course, you have
said this. Uh Scott Adams a very smart, very clever man. Uh,
not necessarily an economists by trade. I hope I don't
have to eat those words later if you are actually
an economist by trades, or I apologize to Wikipedia. To Wikipedia.
So okay, I have to bring this one up. I

(20:26):
just have to one of my favorite conspiracies of all time.
So there's another one that this that the stock market
collapses might be a part of Project Blue Beam. Oh yeah,
this is a This is a long time favorite of Matt's,
you guys, So Matt break it down for us. What

(20:46):
is Project blue Beam? Oh man again, all right, So
Project Blue Beams states that some force, probably a government,
would use this technology that they call blue beam that's
somewhat exists now actually, where you can project a hologram
onto water vapor and you have what seems to be

(21:07):
a three D object or three D something just floating
in the middle of the air. The idea is to
make these holograms of religious figures and have them come
back in various parts of the earth and have a
religious um revival of sorts. But then the deities slash
whoever that maybe they say, oh no, no, no, you guys,

(21:30):
we've you've guys have gotten religion all wrong. And then
there's one basically one religion that comes together throughout the
entire world, helping to um solidify the new one world
government that would also be ushered in. And this would
come after a series of manufactured crises, right exactly. So

(21:51):
everyone's at there at the brink of what they think
is disaster. They lost all their money servation, then the
deities come. Everything's fine anyway, I love it. It's so
it's just it's just a great apocalyptic vision. I just
like technology and religion. I just have a weird, a

(22:11):
weird image in my head if somebody's sitting around the
u N and someone else going You know what I
like about that is that it's simple. It's just easy ships,
it's cheap. We know it'll work. It's simple. But here's
the other thing. When we talk about this idea of
one world government, of course we have to also mention
the Illuminati. These are the people that will be blamed

(22:35):
for so many different things. Those sons of we have.
We have a series on the Illuminati, and they pop
up fairly frequently in a lot of the stuff that
we look at. And yes, conclusively, if no one has
told you, if you haven't seen our video yet, there
is Slash was a real Illuminati. The claims the group

(22:57):
makes are maybe not the claims you would hear associate
did with the Illuminati today. Uh there, but there is
a historical precedent. It's a real thing. It was at
one time at least. Apparently they are also manipulating the
stock market. The illuminati that we have heard are rumored
to exist, and they're doing this because they want to

(23:19):
eventually break down the current national and international borders, creating
one global system under the rule of this group. Okay, uh,
kind of it's kind of similar. Did you just kind
of change the players a little bit and some of
the machinations. Um. So the next one is that there

(23:43):
is this secret stock market that's for the wealthy only, Okay,
and the idea that insider trading is only a crime
if you're one of the people who was not inside
this insider group. I see. And so yeah, if you
get Coughton, you're not in the group. Um. Sorry, But

(24:05):
if you are in the group, then hey man, you're
good to go, and you can just get as much
infinite money, really just get infinite money. So it's like
a it's like a hack of some sort. Here's yeah, yeah,
here's the question I have with that. Have we reached
a point from a regulatory standpoint? Have we reached a
point where these finds, which pale in comparison at times

(24:27):
to the profits, are becoming just part of the cost
of doing business. I, as an uneducated person in the
world of economics, would say absolutely. Yeah. Neither of us
are experts and economics. We are relaying the official stuff
we know and then the theories that we have heard

(24:48):
and we love to hear from. You. Also tell us
what you think about these theories. Do any of these
hold water? Uh? And we're going to go to one
other subject, but before we do, let's pause for a
word from our sponsor. I can't believe I got another
passive aggressive phone call from the SEC and the FED.

(25:10):
Well Hi there, friends. Uh, I was over there just
burning hundred dollar bills, throwing them at a dangered animals.
And I couldn't help it over here that you've got
something on your mind. That's those dips over the regulatory agencies.
Every time I try to bend the rules a little
and make some major units, they email me or text
me or get me on an app, and they just

(25:30):
they tell me not to do it. Man, Can you
believe it? I mean I have to pay for the
calls I received, you know, it could be as much
as ten cents per text message. Dude. Why that's not fair.
That's money out of your pocket. Who do they think
they are? Don't they want to work here after they've
served their public sector time. That's the thing. I can't
stop answering their calls because I need them on our side,

(25:51):
right And what if our people get replaced by some
sort of white knight, you know? Can you imagine how
ridiculously inconvenient it would be if a fed at our
SEC agent actually try to enforce the rules and trying
to make us play fair. Never playing unfair is unfair
to us. But don't worry, friend, I have some news
for you. Why don't you just check out my phone? Here?

(26:13):
You see this app? Oh? What is that? It's the
new se c A. Each and every time a future
employee of a private bank currently pretending to regulate the
giants of the industry sends a lame please stop message
to you, sec A will defer the call to our
outsourced center, where automated voice acting software will pretend to
listen to their complaints, promise to do whatever it is

(26:34):
supposed to be legal to do this week, and even
display empathy when the regulator confesses personal information. And empathy Yeah,
I don't know. I think it's a thing for poor people. Listen.
Sec it doesn't just deflect, it also compiles a list
of information from each call that will be analyzed and
automatically parse for insider information to maximize your traits. So

(26:57):
I don't have to do anything. Why should you? Sn't
the world owe you a favor? Aren't you tired of
people getting mad at you because they weren't privileged enough
to cheat? They do the same thing to you in
a second. Maybe you know, I don't really think about
other people that much, and now you'll have to think
even less. Do we have a deal? Yeah? Say who

(27:19):
are you? Well? I'm a robot. SEC is not approved
by the SEC, the Federal Government, the Federal Reserve, the
Democratic Peoples Republic of North Korea, Michael McDonald, the cast
of a Team, the inventor of the inflatable Life After,
with the producers of Big Trouble, Little Child. SEC is
legally required to notify you that the consequences of using
SEC rest entirely on the user and his or hers
nepotistic influence or bank accounts. SEC of maybe have it
for me? SEC is not a substitute for bribery. Prolonged

(27:39):
use of sec I may leads to moral trotitude, slouching ethics,
well deserved, cocaine related health problems, and in some cases,
bloody revolution. You are in the pyramid, but not at
the level you believe, and you have considered the shape
from the wrong perspective by consume obey. Sec is a
product of illumination Global unlimited. And we're back. Uh so, Ben,
let's talk about out the future. Ah, yes, the future.

(28:04):
So there's this thing that we failed to mention in
our first two videos, and we did it purposefully because
we think it's one of the more meaty parts of
this whole wider subject, and that's high frequency trading. Ah yes, yes,
not to be confused with high fructose corn syrup. Yes,

(28:26):
slightly slightly different. That's my valuable contribution to this part
of the conversation. I wonder how easy it is to
get from high frequency trading to high fructose corn syrup
on Wikipedia. Well, you know what, I bet there's a
rabbit hole there somewhere. Uh So, it's interesting because high
frequency trading is an amazing process from a technical perspective.

(28:49):
Uh what what is it? Well, Ben, let me tell you.
High frequency trading is a kind of algorithmic trading of stocks,
and it uses mathematical model. Is too rapidly trade these things?
And we're talking fast like fractions of a second. According
to Rob Lotty, UM probably mispronouncing that of the T A,

(29:11):
B B group h F trades accounted for. That's high
frequency trades accounted for sixty to seventy percent of the
total equity trading in two thousand nine, falling to in
two thousand twelve. Now that's crazy because that seems a
little counterintuitive to people who just heard about high frequency

(29:32):
trading through things like the flash Crash or Flashboys, And
just by way of a book recommendation, flashboys is a
super breed. I really enjoyed it, isn't that, Michael Lewis, Yes, yes, sir,
And we've got we've got some interesting stuff here that
that you find out about high frequency trade. One of
those is that this dates back way before two thousand

(29:55):
and ten. It may have started as soon as electronic
exchanges were allowed. So what we do know is that
at this point high frequency in trading is changing the game.
We won't spend too much time on it because we
have videos about it, um, but I do want to
make a couple of corrections to some things that I
got wrong in the videos. I misspoke. They can take

(30:17):
a trade in point zero three seconds, not point three. Well,
I will annotate that and hopefully if you watch the
video you'll know. Yeah, we do try to make corrections
when we get something wrong, and that was a slip
on my part. But regardless, it is true that high
frequency trading depends on very very small time increments. Millet,

(30:39):
you're even micro seconds. But is it legal? Well, that depends, uh.
Question one. Are you listening to this in let's say October,
Then yes, it is legal. Um. It seems like one
of those things that will be changed further down the
road at least looked at a little or closely, But

(31:01):
for right now, yes, it is legal, all right, and
we know that in some places it's even accepted, Like
one of the more recent laws involving high frequency trading
comes from oddly enough, Italy, who are charging point zero
zero zero two euro on trades that last less than
half a second. So that's clearly targeted at high frequency trades,

(31:26):
and knowing the volume of high frequency trades that can
occur in that kind of situation, then they may be banking.
We don't know yet. That feels like the office space
a scheme, remember that account. Yeah, it feels like they're
putting a tax as a warm account, and that's kind

(31:46):
of what you know. High frequency traders make a lot
of money in very small increments, right, so they add up.
Now I have to ask you personally, do you think
that high frequency trading is wrong? Uh, that's a tough one. Yeah,
I'm gonna go out and jump ahead and answer. I

(32:09):
don't really think it is. I don't think it's fair,
but I don't think the stock market is fair. Yeah, Okay.
That that is an interesting way to frame it, because
it seems like if you have the ability to do
this and no one's telling you that you can't do
it um and there isn't a at least some kind
of penalty like like Italy has introduced, that would just

(32:33):
make you maybe think twice about it, then I guess
I guess it's not wrong. I think it's just Yeah,
you're right, it's the system overall that I have a
problem with. So we know that we know that typically
a technology like this, or the application of a technology
like this is what Jonathan over tech Stuff would call disruptive,

(32:56):
just just the same way that Amazon's order on line
model was disruptive to break mortar bookstores, which I think
we mentioned in the video, and just as Google for example,
or Uber or something like that. It makes me think
of a strange story, which is a sports analogy. You know. Originally,

(33:17):
when baseball gloves came out, they were considered cheating in
addition to being unmanly. Oh now that is a burn
right there. Yeah, I think the last part was more
of an insult than cheating. But now they are an
accepted part of the game. And when people argue, for instance,
about performance enhancing drugs and sports, um, the idea of

(33:41):
high frequency trading is another technological step. Now I'm not
saying it's a one on one comparison to using a
baseball glove or taking steroids, but it is an edge
and in a competitive place, people are going to try
to do that stuff. I'm wonder rain if it's already

(34:02):
too late to curtail this. If the future of stock
market trading is going to be a bunch of very
very fast, very smart algorithms in an internal jam session,
it seems like that's where it's heading because humans just
can't make those calculations. Uh there, Yeah, it's just not
possible with the speed that they do. And oh man,

(34:25):
that that's that's terrifying. It feels like maybe machines are
going to be taking over our economy. Ben, You know,
I would say that we still will need human beings
to clean the machines, to turn it off and turn
it back on. A sound like a Twilight episode, you know. Um,
but that's an interesting idea that could robots take over

(34:48):
the economy or even the world, the world, the world,
the world, the world, world would all right, well, yeah,
I guess we'll just we'll cover that another day. We
are going to do that, right then, Yeah, I hope
so awesome. Well for now, why don't you tell us
what you think about this stuff? What do you think

(35:09):
about high frequency trading? Is it good? Is it bad?
Is it lukewarm? You don't really care? And what what
do you think about the idea of someone purposefully and
personally orchestrating a market wide boom or bust? Could could
a group of people overcome all the other very powerful

(35:30):
interests around the world or in a market to sink
it or you know, blow up the bubble. I'm I'm
curious because I don't know. I don't know if it's possible.
I mean, I think theoretically it is possible, but let
us know what you think, who would do this and
how awesome. You can talk to us on Facebook we

(35:51):
are conspiracy Stuff. There. You can find us on Twitter.
We are at conspiracy Stuff. Go to our website. Stuff
they don't want you to know dot com. It is
the best. It's actually really cool. Go check it out.
And last, but not least, if you want to just
skip all that stuff, you can send us an email
directly to conspiracy at how stuff works dot com. From

(36:18):
more on this topic, another one explained phenomenon. Visit test
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