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> by lowering the status of one player in an industry, you implicitly raise the the status of the others. The relative status ye. But the absolute status of ba
by rightbyte 4y ago
> by lowering the status of one player in an industry, you implicitly raise the the status of the others.
The relative status ye. But the absolute status of banks as a group decline.
E.g. used cars salesmen. A honest one's reputation are ruined from the moment they open the store due to bad actors.