"There’s no longer any reason to believe that the wizards of Wall Street actually contribute anything positive to society, let alone enough to justify those humongous paychecks. ... It’s hard to think of any major recent financial innovations that actually aided society, as opposed to being new, improved ways to blow bubbles, evade regulations and implement de facto Ponzi schemes."
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Original Language: English
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Sources
Paul Krugman, "Money For Nothing," The New York Times, April 26, 2009
https://en.wikiquote.org/wiki/Finance
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Finance
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