[AdamSelene235]

Utilizing covered call writing is a great benefit to a portfolio. This is a riskless activity and actually protects against price declines. In addition, using put writing when one has already decided to buy a stock is very valuable.

He isn't talking about CBOE positions but rather 110 trillion of illiquid sewage. Don't worry Bush just appointed a Neo-Keynesian as his economic advisor. I'm sure we can inflate our way out of 10+ GDP's of contagion.

[justshutupandtakeit]

Why persist with the erroneous statement that Keynes was an inflationist? He wasn't. Keynesianism as practiced today is not what he had recommended. Have you ever read the General Theory of employment, interest and money? Or do you rely on mistatements of others ideas?

Keynes certainly had nothing to do with the creation of financial derivatives. Nor does his theoretic framework have a means of handling them.