Robin HoodIt is interesting to contemplate what the markets would look like if instead of a 25 percentage increase in such areas as the contributions of businesses to the interior as a door opener for 2010, they all were increased to totality–to Robin Hood away 100 % of all business profits and gains from investing. Would not employment decrease and interest rates go to zero? Would not the stock market descend? And would not the loan to holdings of government securities of banks fall to zero? Most important of all, would not the amount spent on lobbying be increased and even more important, would not all pilot fish of excessive capitulation be eviscerated? In short, the reflections on the market would not look that different from today, I think?





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4 Comments so far

  1. douglas roberts dimick on June 14, 2010 12:26 am


    So the question to ask: Who benefits (and has benefited to date) from the “Robin Hood in Reverse” strategy?

    As in all forensic investigations, follow the money…


  2. Gary Rogan on June 14, 2010 11:51 pm

    Everything makes sense but why would the “pilot fish of excessive capitulation be eviscerated”? Would love to know the reasoning. Clearly if the situation is reversed in time evisceration will follow but how would one know that a priori?

  3. vic on June 15, 2010 1:36 am

    just for the astute questioner, in his honor one would say that the signals have changed with more capital available, and the cattle can be fattened for more than a day before being slaughtered . The judas goat in the early minutes is no longer necessary. vic

  4. Gary Rogan on June 15, 2010 11:16 pm

    Victor, thanks!


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