Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
But that’s not how it works. That completely ignores things like barriers to entry, volume and scale, and the fact that people don’t have free and clear information.
When you look at economics the way you’re doing, it’s like looking at physics 101. In a vacuum with no friction. That is not how the real world works.
Source: I have an MBA and 20 years experience working for a global financial institution. Also, I have eyes and can see how things are.
But that’s not how it works. That completely ignores things like barriers to entry, volume and scale, and the fact that people don’t have free and clear information.
When you look at economics the way you’re doing, it’s like looking at physics 101. In a vacuum with no friction. That is not how the real world works.
Source: I have an MBA and 20 years experience working for a global financial institution. Also, I have eyes and can see how things are.