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Or maybe, we can accept that we don't have good means for measuring risk, and just limit the financialisation of the economy... It would be a good thing long-te
by burntoutfire 6y ago
Or maybe, we can accept that we don't have good means for measuring risk, and just limit the financialisation of the economy... It would be a good thing long-term - the smaller the house of cards build by Wall Street, the less damage they do to everyone when they fall.
- AlexTWithBeard 6y agoHow can you limit "financialization" without at least some risk measure?
- burntoutfire 6y agoIf you keep financial instruments simple (e.g. basic bonds), then risk is easier to measure.