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Would investors have invested if the possible return had been a fraction of what it was? That's a far more dubious prospect.
by aggieben 11y ago
Would investors have invested if the possible return had been a fraction of what it was? That's a far more dubious prospect.
- vannevar 11y agoIt's dubious only if the potential return is much less than the alternatives. Assuming that the same inequality-reducing mechanism is operating across all the potential investments, their behavior would be unchanged. Investors are looking for the best available return on their investment, not some arbitrary fixed value.