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ycdxvjp | 2 years ago

Finance innovation has outpaced technical and creative innovation. So most companies are dominated by financial engineering.

Any firm with offices located across the world are making cash just moving it around faster than you can make it with a product. And profitably. Taking advantage of exchange rates, interest rates, tax rates, subsidy, tariff differences etc etc is a more sophisticated process these days than anything you see in a factory.

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