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A Timely (And Quick) Look At The Plunge Protection Team Theory

August 24, 2015 By Matthew White Leave a Comment

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Trust The Algos - #StopInfluenceNow smartphone case on Samsung Galaxy S5.

Algorithms are pervasive. This #StopInfluenceNow smartphone case meme could refer to both the algorithms driving stock market trading and those driving your search results.

Anyone watching the Dow’s 1000 point dip-rally today has to wonder . . .

Where and how did this idea of a Plunge Protection Team (PPT)  – also known as the Working Group on Financial Markets – come about?

  • “Plunge Protection Team (PPT)” on Investopedia.
  • “Working Group on Financial Markets” on Wikipedia.

Anyway, it’s an interesting academic exercise at least.

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Filed Under: Culture Tagged With: Algorithms, Conspiracy Theory, Culture

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Matthew White

Interdisciplinary artist Matthew White shares thoughts and meanderings. Subjects in the Tokens From The Well arts and culture blog include travel, creativity, contemporary art, music, culture, his work, and delightful randomness.

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