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Comment by wqaatwt

12 hours ago

No access to capital can and does constrain supply to a very high degree.

Capital will not be hoarded and stuffed in pillows without Usury. People are happy to take bets for profit and loses, I mean, that is like the entire stock market schtick.

  • I don’t exactly see how the modern stock market is superior based on the (moral not economic) criteria being discussed in this thread?

    It’s even more speculative and detached from productive behaviors.