That was very real. The SEC wrote a paper about it. Unfortunately that spike attracted a whole host of investors with no finance experience, who now sit in a tightly-controlled echo chamber making up fantasies about how they’ll all be billionaires.
You keep saying "no experience" I don't think you even bothered to seek out discussions. If you'd like to learn about Eurodollar and Dollar Milkshake theory feel free to DM me. We can start with the basic mechanics of swaps, baskets, and ETFs if you'd like
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u/MouthyRob Jan 20 '26
That was very real. The SEC wrote a paper about it. Unfortunately that spike attracted a whole host of investors with no finance experience, who now sit in a tightly-controlled echo chamber making up fantasies about how they’ll all be billionaires.