> If 1 person in 20 is doing something that is not value-adding there would have to be massive and obvious evidence of that beforehand. There was "massive and

> If 1 person in 20 is doing something that is not value-adding there would have to be massive and obvious evidence of that beforehand. There was "massive and obvious evidence of that beforehand" which was the central banks had to keep interest rates below what the market would have priced them without interference...it's just that this isn't seen as evidence but "just the way things are".