Saw this posted on reddit and wanted get opinions on it: https://www.youtube.com/watch?v=OChaTm0To1U
For me he blames the hedges funds more and the lack of fines for synthetic shorts. He seems to think buying calls and forcing MM to hedge is a problem but has no solution to it and glosses over it.
One hilarious part is that he says a hedge fund has more moral compass than retail because hedge fund would stop a short squeeze from getting out of control… that’s not a fucking moral compass that’s risk management which retail doesn’t have as much of (aka the ape shit.)