one of the reasons the status quo loves stability is that the more you can predict into the future the greater the present value of the assets if u KNEW apple or tesla would be around forever, it’s present value could account for that and become infinite
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chaos rapidly reduces the value of capital because it cannot be deployed for growth (except for narrow domains like an arms dealing network which would actively encourage chaos)
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also, given even sth like guaranteed 1% returns forever, you can x1000000 leverage to make infinite money a perfectly efficient system is no different than an explosion. a boundary of the unknown and dealing with risk are the control rods that keep the reaction under control
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aside: thinking you "know yourself" is like using recursion in programming it exploding the computer b/c of the arrogance
11:28 AM - 29 Jun 2021
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