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by rmrfstar 2176 days ago
> If the finance industry can encompass 100% GDP

There are ideologically pro-finance economists who strongly reject this assessment [1].

[1] https://www.ft.com/content/4b70ee3a-f88c-11e4-8e16-00144feab...

1 comments

I don't have a sub to FT.

I do however doubt there are many economists who would be against the idea of digitizing cash flows, losses, and profits. It just makes for more efficient decision making. The two - ideally - aren't materially different.