2 ms·
I’m not sure that the capital markets are a good measurement device for censorship-resistant truth. The money supply is so distorted, specifically the huge amou
by jl2718 6y ago
I’m not sure that the capital markets are a good measurement device for censorship-resistant truth. The money supply is so distorted, specifically the huge amount of reserves held by a few banks and individuals, that most traders are making bets on those entity’s investment decisions (positive feedback) rather than price to value (negative feedback).