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How do you define value? I'm asking this question because i really don't know a wholesome answer. Not a philosophical statement.
by collegeportalme 15y ago
How do you define value? I'm asking this question because i really don't know a wholesome answer. Not a philosophical statement.
- kylebrown 15y agoNot by how much money you make. Former Fed Chairman Paul Volcker in 2009 said, "I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth - one shred of evidence… [U.S. Financial services increased its share of value-added from 2 percent to 6.5 percent] Is that a reflection of your financial innovation, or just a reflection of what you're paid?" The only financial innovation over the past 20 years that impressed Volcker was the automated teller machine.