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Capital allocation is hugely important for a modern economy. Without financial markets, intelligent people would barely have any idea what to build (let alone
by pdog 6y ago
Capital allocation is hugely important for a modern economy.
Without financial markets, intelligent people would barely have any idea what to build (let alone raise capital necessary to finance their innovations).
- natch 6y agoIf only we could have financial markets. I mean real ones, without massive money printing and similar manipulation by central banks.
- gumby 6y agoHow does this hedge fund (or even the existance of such a fund) provide such signals to an inventor or business founder?
- sjg007 6y agoIt's actually not. We weren't remotely prepared for the pandemic which is laying waste to people and the economy. That's a complete failure of the modern economy.
- valuearb 6y agoIn what way was the economy unprepared?
- fulafel 6y agoLet's consider the current major crisis (man made climate change). A lot of smart people agree that we're here because markets make us do the wrong thing.