7 ms·
That assumes the allocation of capital provides no value to society. Mortgages, business loans, loans to governments (bonds), etc.
by hueving 10y ago
That assumes the allocation of capital provides no value to society. Mortgages, business loans, loans to governments (bonds), etc.
- hash-set 10y agoRegulatory capture, M&A corporate raiding, wiping out middle America one rotten deal at a time. The allocation of capital at the top has been demonstrably destructive to our society. It has enabled the near total destruction of our Constitutional Republic. You're all fucking heroes.