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bilekas | 5 days ago

Ehhhh, you have some elementary points, but the market, is in theory, self adjusting right? So the 'idea' of trickle down is a real thing.

It's not as dramatic or loud as something like OpenAI. But consider it as access to loans to fund a new business, the idea is you'll fund a company and gain some sales and employment, money moves around so happy. Basic stuff.

You've shot too far and considered everything black and white. You build a factory if demand is high and it can increase supply while making profit..

> We really, really needed some capital (by which I just mean investor-money, not real productive assets) destruction in the '08 crisis, and we didn't get it.

No, but that wasn't where the majority of money was locked up in poop, so maybe you might get at best a 90's dotcom bust. I'm old and I remember it was apocolyptic. But Maybe it's due.

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