Derivatives Should Be Banned From Financial Markets - Rickards

``If derivatives are as dangerous as the commentators suggest, why are they permitted? If they are such a threat to the Economic Intelligence (usnews.com)financial system, why does the size of derivatives bets continue to grow? The answers have to do with several myths the big bank derivatives players have created. These myths are false and distract interested parties from doing what needs to be done to ban derivatives. It's time to demolish these myths once and for all.''