Page 2 - Consensus Price News Today : Breaking News, Live Updates & Top Stories | Vimarsana

markets, what should we be doing? what the capital market does is price future income. you put money in to venture. if it works, it s going to be some profit. you bhie a share of stock because you want a piece of that future earnings strength. you lend people some money because they re going to be guaranteed to pay you back in the future. the prices are supposed to reflect what guesses are. so you get everybody together and they compete and you come up with an average consensus price. the system we ve constructed makes asset prices meaningless because what we ve just done is borrow as much money as we can. take as little risk as we can. that would be us, the taxpayers.

Capital marketsCapital marketPrice future incomeTo ventureEarnings strengthConsensus priceAsset prices