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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."
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.
which is more noble...the desire for life or the desire for freedom? https://twitter.com/a_yawning_cat/status/1341662963728437249 …
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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