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You could always borrow money for lunch, secured by your car? The thing about financial instruments is that they scale infinitely better than "real assets". I
by semi-extrinsic 7y ago
You could always borrow money for lunch, secured by your car?
The thing about financial instruments is that they scale infinitely better than "real assets".
It's like seeing Amazon, Google etc. spend so much on cloud computing, and then asking if real computers are valued less than virtual ones.