from the perspective of slave owners they were doing a favor for ppl who would have been executed as losers in a war or would die in a foreign land with no skills or connections.
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liquidity keeps companies alive by providing a buyer for all the stuff/bonds they produce thus saving jobs. this is similar to slavery. the contract of slavery is "i will keep you away from death in exchange for the rich getting richer."
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which is more noble...the desire for life or the desire for freedom? https://twitter.com/a_yawning_cat/status/1341662963728437249 …
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i quite dislike dealing with financial numbers crap but having worked at many of the esteemed CLAAW companies as well as some kitten-ups imo understanding this crap is the one true bid freedom. it even has the high-risk high-reward aspect of freedom.
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