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The coming long-run slowdown in corporate profit growth and stock returns [pdf] (2023)

federalreserve.gov

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Re: The coming long-run slowdown in corporate profit growth and stock returns [pdf] (2023)

#151

Earlier quoted context omitted.

Clearly you've never hung out with Quakers. You asked for a counter-example, I provided one, you dismiss it with no evidence. Truly has it been said, "You can lead a horse to water but you can't make it drink."

I’ve found in this debate - and most - that almost nobody holds a position from first principles but rather an experience they had. Not possible to reason someone out of a position they didn’t reason into

There’s a certain sort of left leaning person who’d be triggered by reading about elite theory and oligarchy and I suspect that’s what I’m up against but sure impugn me as unprincipled.
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