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I was talking about economic or market value, not societal or moral value. While I agree that that enabling child abuse or trafficking in people is a societal n
by galangalalgol 4y ago
I was talking about economic or market value, not societal or moral value. While I agree that that enabling child abuse or trafficking in people is a societal negative value, that sadly does not mean there isn't a positive market value for doing so.
When you live in a nation whose bank's decisions don't influence the world economy, you don't get a vote when those nations decide to raise or lower interest rates, or to suppress the value of their currencies, or have trade wars with each other. The idea of insulating yourself from those decisions that you did not vote on is attractive, but it now seems like more traditional assets are likely a better approach.