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Interesting article, but the title should probably be "How stock market decimalization killed IPOs and saved our economy." That is, whatever the cause-and-effe
by toomuchcoffee 14y ago
Interesting article, but the title should probably be "How stock market decimalization killed IPOs and saved our economy."
That is, whatever the cause-and-effect relationship between decimalization and IPOs, it's a bit fatuous to maintain that outsize IPOs are, by themselves, "good" for the economy.