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When Finance Turns Parasitic

TedTed
in The Bullpen
FYI: At its best, finance is productive — but all too often, excess intermediation results in the transfer of risk to those least able to understand it. Here’s what to do about it.
Regards,
Ted
https://www.institutionalinvestor.com/article/b17fg54sm337kc/when-finance-turns-parasitic
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