Comment Comment by benjohnson1707 The problem eventually seems to boil down to this: 'if you don't make stuff, then there is no stuff' (E. Musk)And there are less and less incentives to contribute in making / selling things vs. just making more money out of money for a living.It's an important debate that the MM is trying to facilitate. And actually quite a good historic recap of the term value over time.But while the finance economy 'feels morally wrong' (especially when being on the loser side), that doesn't make for a convincing argument yet. parent benjohnson1707 6 years ago
And there are less and less incentives to contribute in making / selling things vs. just making more money out of money for a living.
It's an important debate that the MM is trying to facilitate. And actually quite a good historic recap of the term value over time.
But while the finance economy 'feels morally wrong' (especially when being on the loser side), that doesn't make for a convincing argument yet.