Only if Y+1 is likely to turn into X faster than Y+1 earns a normal economic rate of return plus a premium for the added risk. Opportunity cost, the time value

Only if Y+1 is likely to turn into X faster than Y+1 earns a normal economic rate of return plus a premium for the added risk. Opportunity cost, the time value of money, and the price of dealing with risk conspire to make a lot of schemes that look good on paper not really worth it.