What I learned from yesterday is that game theory doesn't work without prices to help all the actors assess the risk.
We told the Puritans all year long that economic actors need price signals.
They told us that futures markets are immoral degenerate gambling.
Turns out you can't bluff economic actors with cheap words.
They told us that futures markets are immoral degenerate gambling.
Turns out you can't bluff economic actors with cheap words.
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