Financial system vulnerable to manipulation from "summary" of The Money Culture by Michael Lewis
The financial system is like a giant casino where the odds are stacked in favor of the house. There are people out there who know how to play the game better than anyone else. They know how to manipulate the system to their advantage, exploiting every loophole and taking advantage of every opportunity that comes their way. These people are not necessarily the smartest or the most talented. They are the ones who are willing to take risks, bend the rules, and do whatever it takes to come out on top. They have a keen eye for spotting weaknesses in the system and a knack for exploiting them to their advantage. The financial system is inherently vulnerable to manipulation because it is based on trust. People trust that the numbers on their screens are accurate, that the markets are fair, and that the institutions that govern them are acting in their best interests. But this trust can be easily exploited by those who know how to game the system. In the world of finance, information is power. Those who have acces...
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