Why is that implicit? The economy seems full of huge transactions that have nothing to do with the quality of people's lives. I feel like this is... a pretty ob

Why is that implicit? The economy seems full of huge transactions that have nothing to do with the quality of people's lives. I feel like this is... a pretty obvious position to arrive at if you start critically examining the types of transactions that take place, especially at the tops of finance. Some finance whiz is going to claim that derivatives, credit default swaps, and billions made from LIBOR rigging somehow benefits the common man. Many people actually believe this!