Jack comments on Money pumping: the axiomatic approach - Less Wrong

12 Post author: Stuart_Armstrong 05 November 2009 11:23AM

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Comment author: Jack 05 November 2009 06:01:36PM 2 points [-]

For sure you can. This is just what traveling merchants did/do. You buy X from people with Y>X and sell it to people with X>Y while at the same time buying Y from the second group and selling it back to the first. Of course, you're not actually hurting anyone, indeed, everyone in this scenario benefits.