Hacker News new | past | comments | ask | show | jobs | submit login

Right, 330,000,000 people in aggregate control that capital through countless layers of abstraction explicitly designed to prevent the vast majority of it from being allocated quickly. And this is in general a good thing because it’s an important mitigation against autocracy and catastrophic negligence.

The differences in the dynamics of these pools of capital are so enormous and so obvious I have to doubt that even you give your argument any credence.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: