Comment by Zsfe510asG
1 month ago
It would matter if we had politicians who acted before bubbles collapse instead of bailing out the perpetrators after the fact.
1 month ago
It would matter if we had politicians who acted before bubbles collapse instead of bailing out the perpetrators after the fact.
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.
>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.
If 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.
Take a break from LLMs.