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jacques_chester
on July 3, 2019
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Too Many Companies Drain Value from the Economy
This is true, but there were runups like this before the Federal Reserve. Quite a few, as it happens.
What, for example, is the NPV of a tulip bulb? Or a share in the South Sea Company?
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What, for example, is the NPV of a tulip bulb? Or a share in the South Sea Company?