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What should we put as the price tag of 'increased liquidity,' just one of a few of the mantras that the middlemen of finance use to justify themselves? http://
by sdenton4 11y ago
What should we put as the price tag of 'increased liquidity,' just one of a few of the mantras that the middlemen of finance use to justify themselves?
http://www.tcf.org/blog/detail/graph-how-the-financial-sector-consumed-americas-economic-growth http://www.tcf.org/blog/detail/graph-how-the-financial-secto...
- randyrand 11y agoLiquidity is only tangentially related to what the financial sector does. It's finance that funds ventures. Assesses risk. Decides what ventures will have good payoffs. Its' an incredibly important sector of the economy. Tell me. Take a look at the services provided here and tell me which ones are "bad" https://en.wikipedia.org/wiki/Financial_services https://en.wikipedia.org/wiki/Financial_services People that say we shouldn't like the financial sector are people that don't understand finance.
- eru 11y agoLiquidity actually means that the middle men get less..