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>> This is not a misprediction because in any sane world, Describing any part of the financial system as sane (rational) is laughable. The system is built on t
by bruce511 4y ago
>> This is not a misprediction because in any sane world,
Describing any part of the financial system as sane (rational) is laughable. The system is built on the irrational nature of people.
In some absurd way, bank runs are an expression of actual rationality - give me my cold hard cash now, I don't trust you lot anymore.