Thursday, November 3, 2011

Tobin Tax gets religion

. Tobin Tax gets religion
. What the !!
. How the hell, The archibishop of cantebury get involve with financial matters
. Least of all, Tobin Tax.
. Tobin tax will ideally put a brake to speculative inter border currency flows
. Which will put a dampened for some hedge funds activities
. A tax will raise the cost if doing business and thus making certain
. Fund's activities infeasible.
. Thus, logically, Investors will turn from equities to INFRASTRUCTURE !!


http://www.bbc.co.uk/news/business-15555812

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