your next question might be "so...whats islamic banking then". the answer is simple. when you can't fight in a free market so what you do is change the market so that customers automatically opt for your "superior" product as opposed to the competition.
You can read up on this by finding "why need for islamic banking" arose. the problem didn't exist till then so someone just literally invented it and then sold a solution
> While Muslims agree that riba is prohibited, not all agree on what precisely it is.[2][3] It is often used as an Islamic term for interest charged on loans,[Note 1] and the belief this is based on — that there is a consensus among Muslims that all loan/bank interest is riba — forms the basis of a $2 trillion Islamic banking industry
This is enough to negate what you said here:
>it does not. there is absolutely no basis for "islam forbits interest".
Could you explain what you mean here?
>the problem didn't exist till then so someone just literally invented it and then sold a solution
What problem didn't exist and what was invented and what was the solution?
As a person who has mentored people and is currently a mentor, I can name a number of reasons-
* to contribute to my company/community
* to make myself a multiplier (I can do work or I can help 5 junior engineers be a little better at their work)
* to learn myself (a great way to learn is by teaching)
* to grow my breadth of knowledge (I hear about what other people are doing)
* to grow my network
* to improve my leadership/managerial skills
* because people have invested time and mentorship in me
That impact is not made by HFT - finding the right risk premia for different investments is very valuable but that is a signal measured over days/weeks/months because actual capital investment decisions take that long.
Intraday financial games are zero-sum. What HFTs gain, they leech away from mutual funds and pension funds and retail investors and market makers who operate over a longer horizon.
sorry, i don't believe inequality is rising, at least in ways that matter.
in the last 50 years, a substantial number of people were pulled out of poverty.
Obviously this would mean that countries that previously relied on subsidised labour from those third world countries would have to start paying up. I'm not suggesting that it is a zero sum game however.
Indians are hired because the wages they ask are much lower. Do you agree that this benefits citizens of Australia too? Australia has a small population, it can not develop a work force with specialised skills. If it could, then the wages asked by its citizens would be much higher, and these costs would be passed to the regular citizen.
what could the gastroenterologist possibly do to help in this case? i do have GERD and fragmented sleep, after having gone to multiple gastroenterologists, i still haven't got help for this particular issue. any suggestions? it would massively help me.
A gastroenterologist should treat GERD (to the extent possible) then we should be checking sleep. As soon as GERD is under treatment a consultation with a sleep laboratory could be considered since some reflux may still happen during the night and may result in (mostly central apneas).