Via Stacy Herbert (Max Keiser‘s special someone)
Video – spot the last minute
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Shiller should have filed a comment with the CFTC, explaining why prediction markets would be a good thing in the housing market.
Yes… though he is in deals with the Chicago Mercantile Exchange, which organizes his housing futures markets, which are already authorized by the CFTC.
Robert Schiller wrote a letter to the CFTC in favor of HedgeStreet around the year 2004 —from memory.