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Trying to create an overly flattened society inevitably and unintentionally creates new centers of power. A revolution might dethrone the old rich, but only at the expense of empaneling an unchallenged communist party, along with a politburo and legions of clever schemers and ass kissers who turn i…

I wish I didn't have to use mortgages as a point of reference since as I'm writing this, the world is still suffering from financial troubles that radiated from stupidly securitized mortgages. Mortgages were a reliable, clean mechanism for many years. What happened in the early 21st century was exc…

[...] Once in a risk pool, you'd have a much better shot at attracting investors than as individuals. Maybe then you could issue a bond to the newspaper in order to read it.