Also (in the absence of elf-like low rates of death and thus correspondingly elf-like rates of birth and thus an elf-like incredibly high median age and an elf-like lack of brain decline leading to higher median performance on complex decisions) a steady flow of young people will be learning their “one early lesson” about such errors. That injects SOME money?
Then surely some people made good faith errors now and again (perhaps based on private information that pointed against the broad trends) as part of their broadly hedged and overall profitable trading operation?
This last group is the kind of group that would have privately funded a scout corps maybe, but they’d be trying to scout The Demon King, and she presumably has generalized scout-avoiding techniques that don’t only work against government scouts? If she gives your privatized scouts double fake outs (making it seem like you have special knowledge) at reasonably low cost, then you become “just another sucker” (but now with more steps).
Who in her kingdom kept selling into demon king attack contracts anyway? That seems like a net lossy proposition.
Hm. Maybe there were a few people who could set things up to profit from the attack...?
Still, it seems to me that market should have incentivized a well funded scout corps.
The markets had “seed” money or “liquidity” provided. That’s probably the bulk of it.
Then there are the people with dopamine disregulation.
Also (in the absence of elf-like low rates of death and thus correspondingly elf-like rates of birth and thus an elf-like incredibly high median age and an elf-like lack of brain decline leading to higher median performance on complex decisions) a steady flow of young people will be learning their “one early lesson” about such errors. That injects SOME money?
Then surely some people made good faith errors now and again (perhaps based on private information that pointed against the broad trends) as part of their broadly hedged and overall profitable trading operation?
This last group is the kind of group that would have privately funded a scout corps maybe, but they’d be trying to scout The Demon King, and she presumably has generalized scout-avoiding techniques that don’t only work against government scouts? If she gives your privatized scouts double fake outs (making it seem like you have special knowledge) at reasonably low cost, then you become “just another sucker” (but now with more steps).