[PEN-L:8279] On Interest Rates and Finance Capital

I would go beyond what Doug says about the fuzzy boundary between finance and industry. Old time capitalists were more rooted in their industry. Today, everything is screened via ROI, everything is treated as if it is saleable, capable of being securitized -- Michael Perelman Economics

[PEN-L:8279] On Interest Rates and Finance Capital

I would go beyond what Doug says about the fuzzy boundary between finance and industry. Old time capitalists were more rooted in their industry. Today, everything is screened via ROI, everything is treated as if it is saleable, capable of being securitized -- Michael Perelman Economics