True. Thus the weasel words ;-)
MoO?
On Wed, Mar 25, 2020, 9:33 PM Uwe Klein <uwe@xxxxxxxxxxxxxxxxxxx> wrote:
Am 26.03.2020 um 08:08 schrieb David Summers:
Speaking very roughly, for every $1-10 M lost someone dies. They dieThere is a lot of "fake" value in the economy.
because we couldn't get the cancer treatment, or the process wasn't as
safe as it could be, etc. So by wiping out a trillion dollars, long term
you have kill 100k to 1m people unless we dig ourselves out.
Its value has been artifically inflated. ( AFAICS, IMHO )
( dumb thing in a dogmatic system that
turns blue in the face if it can't grow at high rates.)
Money is life people. Technology, even medical technology, doesn't
matter without the money to deploy it. And money is not something that
can be arbitrarily created or stolen. Theft and printing money destroys
it, rather than create it. Basic economics.
Wasn't that MoO of recent years. .. Before Corona.
Uwe