Short sales established an inflated supply and cause price declines.
The laws of supply and demand cannot be contravened by laws artificially restricting marketing methods. Or, in the words of Bernard Baruch, "No law can protect a man from his own errors. The main reason why money is lost in stock speculations is not because Wall St is dishonest, but because so many people persist in thinking that you can make money without working for it and that the stock exchange is the place where this miracle can be performed."
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