Economics Explained cover image

How The Finance Industry Destroys Economies

Economics Explained

00:00

The Dangers of Short-Term Trading

This chapter explores the negative consequences of the finance industry's focus on short-term trading over long-term investments, exacerbating wealth inequality and exploiting novice traders. It highlights how information asymmetry further disadvantages average consumers, ultimately diverting talent from socially beneficial sectors.

Play episode from 09:21
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app