In the last 3rd of his 2nd audio, he discusses the "monoculture" of traders all looking at the same charts and indicators trading against themselves while GS trades against them while China trades against us all and opines that his "Best Bond Strategy" is his solution to those problems.
GS may be engaged that kind of trading, but it really isn't against the small potato day traders.
INSTEAD, what GS does is to buy an insane amount of futures ahead of the govt injections and then sell the equity to the govt pension funds etc and then dump their leveraged trades thereafter. What this does is most of the govt injection practically goes to GS's leveraged trades. Not really the injection becomes a new liquidity for the market and economy...
If the govt really wants to reflate the markets, they have to by pass the BANKS AND STOCKS and inject to the small business with direct lending facilities. This is obviously open to great fraud, so they can use the banks as the intermediary ONLY to audit the institutions that are participating to direct govt borrowing...
Of course the other alternative is to BLOCK such companies as GS from participating to both trading for firm in their so called "propriety" trading algorithms AND advising the govt pension and public funds. In essence, these companies simply front run the govt public funds what they used to do to the private funds during the bull markets. Now the govt owns more assets than ever and in fact the govt prints and buys more assets than any other private entity since the printing benefits nobody but the govt itself!
The bystander who gets killed due to all this printing is obviously the tax payer.