"Does malinvestment include investments that should have been made but weren't? I usually assume so, but many people talk as though it only includes investments that shouldn't have been made but were. I think this blinds some to the kind of malinvestment that occurs during deflation, because it primarily is in the form of investments that should be made but aren't."
Lee Kelly - Bill Woolsey blogo komentatorius
Scenarios for the Transition to AGI
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