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Here's a quote about how governments achieve successful market interventions The markets are much more likely to be influenced if they believe the intervention activity
Here's a quote about how governments achieve successful market interventions
The markets are much more likely to be influenced if they believe the intervention activity is reflecting a grassroots movement, and not the activity of a single trading entity or bank.
My question is
what is the meaning of "grassroots movement"? Does this mean that when the government intervenes in the market, it tries not to let market participants know that the government is engaging in artificial manipulation?
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