[lbo-talk] Stock Markets vs the Real Economy
Chuck Grimes
c123grimes at att.net
Tue Aug 9 11:38:45 PDT 2011
> This is the problem: You are confusing production with distribution.
>
> A larger share of *profits* goes to the financial sector than in the past.
> That does not mean a larger share of *productive resources* has been
> shifted into the financial sector. SA
Wow is that a confusing and technical argument. You mean that cash is not
the same as productive resources, and that cash composes only part of
productive resources, a larger category? Nevermind, I'll stay out of it.
SA
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