You quote Einstein with respect to idiocy, but don't appear to appreciate that things now are different to 50 years ago, and even more different to 100 years ago. We have different systems, methods and ideas now that would probably have been unthinkable in the past. To say that we're doing the same thing as 50 years ago is to focus so narrowly on one aspect of a financial system that everything else (including its context) gets ignored, and financial systems are not free of context by a long way.
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