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I don't think you could argue that. Finance encompasses a lot more than questionable trading practices. I said finance, and not say banking, since I meant any
by jimmybot 17y ago
I don't think you could argue that. Finance encompasses a lot more than questionable trading practices. I said finance, and not say banking, since I meant any kind of banking and investing. And there is an equivalence between debt (loans, bonds) and equity ((yc,angel,VC) x investments, stock offerings) since from the perspective of the company, you are paying rents on capital in both cases.
Do I need to argue the importance of loans and efficient allocations of capital? If you don't like thinking about this with money, what about with loans of goods?