[jerf]

I think you misunderstood when I said you can't be paid more than you are worth; I don't mean that you can't overpay someone, ever, I'm saying that nobody, government or otherwise, can persistently over the long haul pay its employees more than they are worth. I'd say any definition of "value" or "worth" that does permit that is so broken as to be useless. It's simply impossible; a system simply can not have more value flowing out of it than the sum total of the value it generates, the value it takes in, and the value it has on hand, and imbalances in income vs. outflow tend to be able to rapidly deplete the stored value.

That the market is "ridiculously deformed" here is sort of my point, along with the fact that such deformations can not be sustained.