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Presumably the same reason startups take VC - to invest to create even more 'resources'.
by arethuza 7y ago
Presumably the same reason startups take VC - to invest to create even more 'resources'.
- barkingcat 7y agoIn other words - desire and greed. There is no way to talk about financial systems without at least mentioning the psychology that drives money systems the way they are now.
- ehvatum 7y agoThe time value of money is a sort of aggregated greed, I suppose, and the time value of money is the motivator for finance. But the financial system is also shaped by regulation, and the psychology driving regulation in a democracy is more complex than a hunger for money. People have a sense of fairness and practicality. Why is FDIC depositor insurance capped, for example? Why are banks required to give special treatment to loans to deployed armed service members?