Re:Deaths Draw Attention to Wall Street’s Grueling Pace
by sdenton4 on Monday October 05, 2015 @02:47AM
(#10330260)
What should we put as the price tag of 'increased liquidity,' just one of a few of the mantras that the middlemen of finance use to justify themselves?
http://www.tcf.org/blog/detail/graph-how-the-financial-secto...
Re:Deaths Draw Attention to Wall Street’s Grueling Pace
by randyrand on Monday October 05, 2015 @04:12AM
(#10330452)
Liquidity is only tangentially related to what the financial sector does.
It's finance that funds ventures. Assesses risk. Decides what ventures will have good payoffs. Its' an incredibly important sector of the economy.
Tell me. Take a look at the services provided here and tell me which ones are "bad" https://en.wikipedia.org/wiki/Financial_services
People that say we shouldn't like the financial sector are people that don't understand finance.
Why do you say that? Finance funds most of society's ventures, the 'system' would look much different without the capital and services that the banking sector provides...