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Originally Posted by Beingist  But, I do have some questions.
Okay, these are all nice in how it effects financial markets, but I still don't understand how that effects society as a whole. How does liquidity (I'm still not sure what that even means, tbh) affect me, John Q. Citizen? |
Hang on. You do know that in the real economy as a whole (I mean companies that provide a concrete product or service), transactions between businesses are much more important in volume than transactions with the general public, right? It's not because an activity does not directly involve a member of the general public that it doesn't eventually serve the public. A business-to-business (B2B) company can help a business-to-customer (B2C) company serve you better (1 step removed) or help another B2B company that serves a B2C company (2 steps removed) etc. It must all benefit the customer eventually, or the activity would stop being profitable and die.
Things that go against the public's interest seem to go against the laws of the market, as far as I can tell (some lobbies, some government protected companies).