HARRY 3 on Nostr: #WGFM #PPP #marketmanipulation #bitcoin There isn’t a publicly available, detailed ...
#WGFM #PPP #marketmanipulation #bitcoin There isn’t a publicly available, detailed “checklist” or set of criteria that the U.S. government’s so‑called “Plunge Protection Team” (the informal name for the Working Group on Financial Markets) discloses when it intervenes in the markets. In practice:
• The team—comprising representatives from the U.S. Treasury, Federal Reserve, SEC, and sometimes other agencies—was created to help stabilize markets during extreme volatility.
• Its mandate is generally understood to be about maintaining market stability and liquidity rather than “manipulating” the market for profit.
• While analysts and commentators have speculated that the team may look at factors like extreme declines in major stock indices, liquidity shortfalls, or signs of systemic risk, the precise decision‑making criteria and protocols remain confidential.
• Official statements emphasize that any coordinated action is aimed at preventing a broader financial crisis rather than targeting particular market movements.
In short, while there are broad goals to protect the stability of the financial system, the exact criteria used by the group are not publicly disclosed.
• The team—comprising representatives from the U.S. Treasury, Federal Reserve, SEC, and sometimes other agencies—was created to help stabilize markets during extreme volatility.
• Its mandate is generally understood to be about maintaining market stability and liquidity rather than “manipulating” the market for profit.
• While analysts and commentators have speculated that the team may look at factors like extreme declines in major stock indices, liquidity shortfalls, or signs of systemic risk, the precise decision‑making criteria and protocols remain confidential.
• Official statements emphasize that any coordinated action is aimed at preventing a broader financial crisis rather than targeting particular market movements.
In short, while there are broad goals to protect the stability of the financial system, the exact criteria used by the group are not publicly disclosed.