General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Kristopher Driver
Bloomberg Television
comments
Comments by "Kristopher Driver" (@paxdriver) on "Wall Street Week - Full Show 10/07/2022" video.
I can't believe how Larry Summers still talks as if leverage and "growth" are intrinsic to finance and nothing could be done about how the system can be better regulated. It's really simple - leverage always distorts markets and causes instability. Look at multiples across the board, from a value standpoint all of those share prices are bloated by excess liquidity in the markets caused by derivatives, debt and leverage. Having big numbers faster and forcing a tightrope walk if "perfect inflation" is asinine. I would expect a Harvard economist to have some common sense.
1