{"resolved":true,"match_type":"uuid","source_type":"original_book","book_id":"5aba73df-238c-4ba0-bd59-c6ff3e9099f3","title":"虚拟资本：金融怎样挪用我们的未来","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9787300330303","requested_by":"printed_page","book":{"source_type":"original_book","book_id":"5aba73df-238c-4ba0-bd59-c6ff3e9099f3","id":"5aba73df-238c-4ba0-bd59-c6ff3e9099f3","uuid":"5aba73df-238c-4ba0-bd59-c6ff3e9099f3","title":"虚拟资本：金融怎样挪用我们的未来","normalized_title":"虚拟资本金融怎样挪用我们的未来","author":null,"edition":null,"publisher":null,"year":null,"isbn":"9787300330303","isbns":["9787300330303"],"parsed":true,"ai_readable":true,"document_type":"book","page_count":236,"navigation_url":"https://workshop.closeclaw.top/ai/book/5aba73df-238c-4ba0-bd59-c6ff3e9099f3","title_url":"https://workshop.closeclaw.top/ai/title/%E8%99%9A%E6%8B%9F%E8%B5%84%E6%9C%AC%EF%BC%9A%E9%87%91%E8%9E%8D%E6%80%8E%E6%A0%B7%E6%8C%AA%E7%94%A8%E6%88%91%E4%BB%AC%E7%9A%84%E6%9C%AA%E6%9D%A5","fixed_page_url_template":"https://workshop.closeclaw.top/ai/book/5aba73df-238c-4ba0-bd59-c6ff3e9099f3/page/{printed_page}","path_api_url_template":"https://workshop.closeclaw.top/api/ai/book/5aba73df-238c-4ba0-bd59-c6ff3e9099f3/page/{printed_page}","read_url":"https://workshop.closeclaw.top/api/ai/read/5aba73df-238c-4ba0-bd59-c6ff3e9099f3","page_url":"https://workshop.closeclaw.top/api/ai/books/5aba73df-238c-4ba0-bd59-c6ff3e9099f3/page","search_url":"https://workshop.closeclaw.top/api/ai/books/5aba73df-238c-4ba0-bd59-c6ff3e9099f3/search"},"page":{"printed_page":"11 / 135","pdf_page":173,"physical_index":173,"physical_index_base":0,"printed_page_status":"recognized","page_sha256":"8a3419278aec10454984bdeb8960e4db072471f61b83bb56b0be9a5bc47e0c42"},"chapter":"虚拟资本金融怎样挪用我们的未来","content":"说唱视频“害怕繁荣与萧条”用一种让人印象深刻的方式论证了这一点。当信贷狂欢无法再延长繁荣期时，我们就该警惕随之而来的宿醉。金融算法的复杂性、自动高频交易对交易的加速作用以及金融链条的分散化非但没有提高效率，反而使金融交易变得更加不透明。①一位货币基金经理人在危机最严重的时候坦白，这些魔法学徒已经无法控制他们创造的怪物：“问题在于人们不知道该相信什么，或者不该相信什么……这些商业票据背后的投资组合或许没什么大问题，但人们无法确定，也并不想冒险。”（Tett，2010，p. 207）归根结底，金融操盘手们并不知道自己在做什么。这种分配机制产生的资源利用效率问题受到严重质疑。会不会金融化积累不仅没有促进投资，反而阻碍了投资？这个问题把我们带到了金融化与非金融企业转型之间的关系问题上。\n\n第七章 金融为资本的蜕变服务\n\n11\n\n① 从数学角度探讨过度数学化的误导作用，参见 Bouleau(2011)。\n\n135","previous_page":172,"next_page":174}