> The point of a financial market is to allocate capital to its most productive uses. This kind of thing is basically a paperclip-maximizer trap in another for

> The point of a financial market is to allocate capital to its most productive uses. This kind of thing is basically a paperclip-maximizer trap in another form. That may be the point of a financial market, but it's not the point of a society, so it doesn't really matter what the point of a financial market is, because that point should be constrained and directed in the service of the overall society.