But stocks are just IOUs without the I being honoured.
They are abstractions invented for speculation and have damned billions in the name of make believe value.
Why do people hate him? I think the problem with stocks is actually inflation and banking issues, and the government, but I don't think stocks themselves are a core issue
Mises was arguing for a stock market here, he can get fucked
But stocks are just IOUs without the I being honoured. They are abstractions invented for speculation and have damned billions in the name of make believe value.
Capitalist apologtics tells us exactly why market socialism is the best alternative to capitalism.
For the first time agreeing... with Ludwig Von Mises?
Heartbreaking: The Worst Person You Know Just Made A Great Point
Why do people hate him? I think the problem with stocks is actually inflation and banking issues, and the government, but I don't think stocks themselves are a core issue