Who did anything about guaranteed profits? No profits are ever guaranteed. That's what separated the successful from the successful and insured society is benefitting from people's endeavours.
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Wow sorry, billions of typos! Fixed:
"Who said anything about guaranteed profits? No profits are ever guaranteed in a truly free market. That's what separates the successful from the unsuccessful and insures value is delivered to society from the efforts of the successful"
Banks are just gonna prefer equity for a while I'd bet