Business » Finance
Author`s name Alex Naumov

Conservative economics based upon magic, cruelty, fatalism and greed - Comments

In conservative theory all things magically balance out. If real estate prices get too high, then they correct in a natural cycle. Eventually, all false value is removed; buyers lose equity and investors will lose too. So gains and losses exactly equal. The just invisible hand of Adam Smith creates equilibrium; the invisible hand of this invisible god corrects all.

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