5 ms·

It would matter if we had politicians who acted before bubbles collapse instead of bailing out the perpetrators after the fact.

• unsupp0rted 14d ago
  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.
  • 129528754 14d ago
    Take a break from LLMs.
  • psd1 14d ago
    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.
  • coldtea 14d ago
    >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.