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14 sats \ 3 replies \ @Coinsreporter 4 May \ parent \ on: MONEY CLASS OF THE DAY: Market Efficiency: You Come Into MYYYYY HOUSE?! econ
Sorry, I missed to detail it. I mean it for
They are effective at finding the current price.
I think if that's a theoretical assumption, it's bullshit. I'm not that good in economics but as investor, I've always believed that the current prices determined by the so called equilibrium are the ones most manipulated.
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17 sats \ 2 replies \ @denlillaapan OP 4 May
"most" manipulated... as opposed to the other prices that aren't even prices (i.e., don't exist)...?
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0 sats \ 1 reply \ @Coinsreporter 4 May
They always exist in the minds of the investors/buyers. Saying they "don't exist'' is again theoretically correct. What I mean the determination of current prices isn't just the outcome of one thing. It has a lot of other factors too.
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0 sats \ 0 replies \ @denlillaapan OP 4 May
OK, true. Relevance?
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