4 ms·
Nah, the difference between value to the market and society is because we broke price discovery by holding rates low for decades. The current paradigm is litera
by boppo1 4y ago
Nah, the difference between value to the market and society is because we broke price discovery by holding rates low for decades. The current paradigm is literally central planning, which, last I checked, is closer to communism than capitalism. If the central feature of capitalism is the invisible hand we shattered the wrist.