SLP396 Allen Farrington Austrians, Capital & DeFi Yield
Stephan Livera Podcast
00:00
The Leverage Component of a Short Trader
In ntrafid, in some or other way, everything is priced on yield. And so incorporating that into where there are no yields, doesn't make any sense. It's the sense it tries to make is just obviously circular. But i shall end that that's a perfect lead into this, that everything that is derivative, that isn't itself just straight up, like, it's a bond, that's a yeld, it's nt axy, that's te ald.
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