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by sdenton4 3906 days ago
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...

2 comments

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.

Liquidity actually means that the middle men get less..