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Friends Don't Let Friends Go Into Finance

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  • Friends Don't Let Friends Go Into Finance

    http://techcrunch.com/2011/03/26/fri...8TechCrunch%29

  • #2
    Re: Friends Don't Let Friends Go Into Finance

    They note that the finance sector today produces a greater percentage of GDP than at any time in history.
    Right.

    Funding is a needed component of the productive economy.

    What these charlatans do isn't creating wealth, it's destroying it.

    Through confiscation.

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    • #3
      Re: Friends Don't Let Friends Go Into Finance

      Originally posted by don
      Through confiscation.
      It isn't confiscation. It is unearned economic rent.

      One requires force.

      The other requires the abrogation of regulation and fiduciary responsibility.

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