[LapsangGuzzler]

> At least investing has some economic forces that cause people to conserve resources and allocate them better than prior.

That's a really whitewashed way of saying "layoffs, benefit reductions, and no more pay raises or bonuses". Far too often, "economic inefficiency" translates to "workers are too highly paid", you see this all time now with companies complaining about a labor shortage while there are tons of people ready to work for respectable wages.