(September 18, 2017 at 3:39 pm)SteveII Wrote: No, it is not an argument...it remains just...obvious that more testimony is better than less. The contents of the testimony is irrelevant.
Yet you still haven't acknowledged that the majority of people can be wrong and this is why asset bubbles happen. All you responded with was that it was a horrible comparison without saying why. If an increasing number of people are making the same mistake then it doesn't make what they are mistaken about more likely to be correct.
If a large number of people believe the same thing then all it tells us is that a large number of people believe the same thing.
You can't get around that just by ignoring it.
