What are hedge funds and how are they basically worked?
These are funds commandeering extremely large pools of money created by the excessively rich and maintained by whiz kids. This money is used, among other things, for manipulating the trading prices of certain stocks and shares. It is systematically done by creating elaborate trading instruments where small amounts of the pooled money are used to leverage massive loans from banks when speculating on mega trading ventures. These massive loans freely given by the banks act as the means for adding more money to the pool. The profits made from the manipulative ventures add to the size of the pool and the banks are handsomely rewarded. If a venture fails, the lending banks in turn are likely to fail. Whenever this happens, national governments are called upon to bail out the banks by increasing taxes on the general public or by imposing other methods of austerity measures. In this way, the money is collected from the public at large to pay for the failed ventures, hence the name 'hedge fund'.
This method of wealth transferal to the mega rich has been gaining momentum since the 1980s. Central banks, even the IMF, are all being used as instruments of this game that triggered the massive bank crashes of recent and the subsequent bailouts by national governments having little or no say in the process. The bailout funds were used to save the banks and are still being paid back by the people. This translates to an ongoing upward transference of wealth from the ordinary working people of the world to the excessively rich. There is no value added to humanity in this ingeniously devised wealth transferal process that's entirely driven by greed. When enough people see it exactly as it is, a cure might arise for this terrible disease.