The funny thing is, it’s not really bilking the stock market. The whole argument for stock trading is that traders create value by accurately pricing securities, and thus allocating capital efficiently. Time travel is just a ridiculously efficient means of doing so. Given common access to Time-Turners, the stock market would literally be perfectly efficient(assuming that using turner-induced stock prices doesn’t violate the 6-hour rule). People without them would be very pissed off, but I’d actually argue it as being the right and proper way to run a stock market if the technology existed.
The only thing is, once you have enough time turners to control most of the volume of the market, there are no longer any linear-time causal inputs (read: people) deciding what directions the market will take. Market fluctuations would literally come from nowhere, though it might be best said that they would come from Time. And given Harry’s previous scary experiment (DO NOT MESS WITH TIME, ch. 17), I’m not sure it’s such a good idea to let Time be the one to control this.
The funny thing is, it’s not really bilking the stock market. The whole argument for stock trading is that traders create value by accurately pricing securities, and thus allocating capital efficiently. Time travel is just a ridiculously efficient means of doing so. Given common access to Time-Turners, the stock market would literally be perfectly efficient(assuming that using turner-induced stock prices doesn’t violate the 6-hour rule). People without them would be very pissed off, but I’d actually argue it as being the right and proper way to run a stock market if the technology existed.
The only thing is, once you have enough time turners to control most of the volume of the market, there are no longer any linear-time causal inputs (read: people) deciding what directions the market will take. Market fluctuations would literally come from nowhere, though it might be best said that they would come from Time. And given Harry’s previous scary experiment (DO NOT MESS WITH TIME, ch. 17), I’m not sure it’s such a good idea to let Time be the one to control this.