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When you realize pur financial markets are optimized not for solving problems per se, but extracting wealth and fueling fiscal growth, such behavior patterns st
by salawat 4y ago
When you realize pur financial markets are optimized not for solving problems per se, but extracting wealth and fueling fiscal growth, such behavior patterns start making sense.
The goal is trying something out, if it doesn't measure up, it's yeeted in the bin.
Besides which, you're expecting rationality and consistency out of people in positions of power. You already lost. People concerned with the issue of maximally optimizing for wealth accrual are seldom burdened with a burning need to be rational and consistent. At least I've seen precious few positive examples thereof.