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Measured how? I would argue that some of the finance industry contributes to GDP (e.g. derivatives that facilitate some kind of real capital investment that wo
by ineptech 6y ago
Measured how? I would argue that some of the finance industry contributes to GDP (e.g. derivatives that facilitate some kind of real capital investment that wouldn't have happened without them), but John Q. Billionaire shorting a stock because he thinks it will go down does not.