4 ms·
That will successfully prevent 200% of market multipliers: bubbles and just plain sudden rapid value creation. It's like cutting out the prostate from all men
by unsupp0rted 24d ago
That will successfully prevent 200% of market multipliers: bubbles and just plain sudden rapid value creation.
It's like cutting out the prostate from all men at age 30 to prevent nearly 100% of prostate cancer.
- 129528754 24d agoTake a break from LLMs.
- psd1 24d agoIf actions are extreme, perhaps. But that doesn't have to be the case. We have made efficient frictionless markets a holy cow. The appropriate response is not to eliminate them. The better part of "rapid value creation" is not the rapidity.
- coldtea 24d ago>That will successfully prevent 200% of market multipliers: bubbles and just plain sudden rapid value creation. So a win-win. Market multipliers rarely end up well, bubbles or not. >It's like cutting out the prostate from all men at age 30 to prevent nearly 100% of prostate cancer. It's more like cutting steroids from all men, and letting them build strengh naturally over time by training.