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A comment on Is Productivity Growth Becoming Irrelevant?. Parent comment

Re:Is Productivity Growth Becoming Irrelevant? by systoll on Sunday July 23, 2017 @06:04PM (#14834662)
Roughly -- The value of an asset depends on who can use it.

When two parties agree to an exchange, it suggests that they both valued what they ended up with more than what they started with.

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Re:Is Productivity Growth Becoming Irrelevant? by drabiega on Sunday July 23, 2017 @07:54PM (#14835008)
This assumption breaks down for most financial assets. Both parties still think that they are gaining value, but one of them has to be wrong.
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Re:Is Productivity Growth Becoming Irrelevant? by mattmcknight on Sunday July 23, 2017 @09:38PM (#14835361)
This is completely wrong. I sell stocks because I need cash. I make a loan because someone else needs cash. Liquidity preferences matter, volatility preferences matter, both parties can gain value.
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