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Bethany McLean - Enron, FTX, 2008, Musk, Frauds, & Visionaries
Dwarkesh Podcast
Is 9% Too High?
I think finance is too big when it's sucking up too much of the talents of the country. I have no idea how to think about breaking it down to what the proper level should be. The role of a financial system is to enable businesses to get started, to provide capital. But it's not supposed to be the thing itself. And that just can't mean good things for the future.
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