The free market just died. The idea of values and price discovery is no more. We now live in a post-fiat; post-fractional reserve world where banks float virtual money collateralized by off-balance sheet, theoretically present virtual assets and then trade these virtual securities using high speed ‘high frequency trading’ bots; charging fees to each other – the resultant draining of the economy; loss of jobs, etc. – in turn becoming the basis for more QE. The economy is backed by fees generated by trading imaginary assets using an unbacked currency. Net, net, this will NOT add jobs. This will gap the wealth and income wedge wider. This will spike the value of gold and silver to new all time highs. This will stoke more aggrevated social unrest.