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The current financial system does not price taking care of the environment. Tragedy of the commons, air co2, oceans pollution. Further it is unstable there is a
by acd 8y ago
The current financial system does not price taking care of the environment. Tragedy of the commons, air co2, oceans pollution. Further it is unstable there is always credit booms and busts in cyclical fashion. Further besides thrashing the planet it sends wealth from the middle class up to the top of the pyramid. I am curious why the middle class tolerates it? Could it be that most people do not understand the financial system?
- collyw 8y agoI am sure that it is made deliberately complicated so that only those in the know can make money from it. I don't doubt that I could make money from it myself, but I don't have the time to learn all the intricacies of the system. Well that's my excuse.