The existence of the PPT is basically proven - I'm a reasonably skeptical person and even several years back I've found much I read to be convincing. Extremely large trades in the futures markets by unidentifiable huge traders with unbelievably deep pockets working through brokers known to be government fronts have been documented, usually at critical junctures. It's been some time since I followed this, but it was all quite convincing.
The view that the PPT should be thanked for saving us from a Great Depression has one serious flaw - you are assuming that the distortions required to save the market today will not cause an even greater collapse in the future. Many people have this reasonable view. If true, then the PPT isn't saving us from a depression, they are merely delaying one while also making it worse. And those who vilify the PPT are not in favor of anarchy etc....they just want to take the medicine now, rather than taking even more medicine later.
Speaking of conspiracies, what is the PPT and why are they meddling in the markets? Click through to find out. See also, Is the Stock Market Rigged?
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