No shit. But just so we’re on the same page: I made what’s called a ‘joke’ loosely at your expense following the statement that “none of this would exist w/o cheap money”. However, history, facts, and reality shows that ‘boondoggles’ exist in all environments. Therefore...
Why does it need to be a strategy? Every once in awhile asymmetric opportunities happen and when they do it’s enough to be opportunistic with them.
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So you went from fraud is ok as long as its moving humanity forward to sometimes you can take advantage of an unique opportunity surrounding a fraud. No shit!
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I don't think there's anything contradictory between believing fraud can move society forward and profiting from it opportunistically.
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