Detailed text transcripts for TV channel - MSNBC - 20150725:11:56:00
A tiny little small 1/100 percent financial transaction tax, that would probably render many of those noise trades unprofitable and thus it would dampen that kind of noisy activity. >> and you say also this really would be more effective if it goes global which it's heading in that direction? >> that's what's i think kind of exciting about this. i'm not the only person who thought of this idea. i think 11 countries in the european union -- by the way, some of them already have this. the uk has a financial transaction tax. anyway about 11 countries are thinking about introducing this tax. it's ...