THE STATE CAUSES INSIDER TRADING “In an economy like ours, with a central bank t

THE STATE CAUSES INSIDER TRADING

“In an economy like ours, with a central bank that can instigate disruptions at will, the only people who can make money on a consistent basis through investment are insiders. The people who get prosecuted for insider trading are being punished not really for insider trading but for being renegades, i.e., for exploiting insider trading without first getting the tacit permission of the state.”

— Kenneth Allen Hopf