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Comment by jfengel

7 hours ago

Moving money around and pretending that there is more of it.

You mean leverage/borrowing? Pretty time tested mechanism of risk taking in free markets.

  • Moving money from one pile to another so that you can skim a little off the top is imaginary work and is slowly destroying the west

    • It's always gone on, and probably always will on some level.

      It's only when it becomes the primary concern that capitalism eats itself.

    • That’s not what’s slowly destroying the west but I understand that I must keep my remarks on this Marxist-friendly website very tame.