Today, even small entities that trade complex instruments or are granted sufficient leverage can threaten the global financial system. Paul Singer complexentityfinancial Change image and share on social
What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including every institution, including sovereigns and multilateral institutions, then the system would be safe - if people were margined the way customers of investment banks are margined. Paul Singer bankcustomerderivative share on social
I've never let my guard down by saying, 'I don't need to be hedged.' Paul Singer guardhavehedge Change image and share on social
Derivatives trading should be standardized and as much as possible moved to clearinghouses. Paul Singer clearinghousederivativemove Change image and share on social
If you want an alternative currency, check out gold. It has stood the test of thousands of years as a store of value and medium of exchange. Paul Singer alternativecheckcurrency Change image and share on social
What would a loss of confidence in the dollar actually look like? Gold going absolutely nuts. Paul Singer absolutelyconfidencedollar Change image and share on social
My concern as a citizen and as a money manager is, Oh my God, at what point does a 'whoa' moment happen to these people who own $30 trillion fixed income instruments? Paul Singer citizenconcernfix Change image and share on social
'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity. Paul Singer assetbankerbond share on social
There is no more reason to believe that Bitcoin will stand the test of time than that governments will protect the value of government-created money, although Bitcoin is newer, and we always look at babies with hope. Paul Singer babybitcoincreate share on social