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" ... Regardless of how they're classified, blockchain tokens can be exchanged for cash or a consumptive good, whereas traditional securities can only be exchanged for cash. This means that integrating blockchain-based assets figures to be a much more convoluted process for a traditional brokerage than it would be for a standard crypto-asset exchange. ... "
" ... Seemingly forgotten by Phillips Curve proponents is that demand is an effect of supply. Always. If anyone doubts this truth, try “demanding” goods and services without working. You’ll starve unless you can be handed consumptive power by mom and dad, a friend, a neighbor, or via government taxing away buying power from every worker in order to hand it to you. All demand begins with something being supplied first. That it does is a reminder that demand and supply balance, by definition. ... "
" ... We know society defines success in the material world, with accolades and exits, respect and even envy from peers, but typically through doing and getting more. This is a recipe for being busy while staying in the consumptive nature of competition without consideration for vision and simultaneously neglecting quality of life. ... "
" ... What is also changing is China’s allure, Wong continued. Through 2000-2007, overseas acquirers were drawn by cheap manufacturing and labor costs and family-owned companies who were increasingly open and amenable to foreign capital. Now, overseas companies rush elsewhere – Vietnam and Cambodia – for cheap production while China’s appeal lies in its populace, a massive, thriving consumptive force that cannot be ignored. ... "