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by vijayr02
1856 days ago
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> In order to make lot's of money nowadays, you shouldn't ask yourself "What is actually going to make a profit and/or provide utility in the future?" but rather "What are all the stupid people going to pile in on next so i can get in and out before it crashes?". This has always been true [0]. Your comment had generated a thought for me: maybe as humanity has covered its essential needs, the idea of what has utility and value has progressively become less clear? Or is it just a side effect of QE and Central bank excess? Time will tell... [0] https://en.wikipedia.org/wiki/Keynesian_beauty_contest |
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