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Investors Are Suddenly Going Nuts Over “Scarcity”

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By rubinoja
Saturday, March 20th, 2021

Investors Are Suddenly Going Nuts Over “Scarcity”

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By rubinoja on
Saturday, March 20th, 2021

Normally, almost by definition, money is THE singularly scarce thing in a market-based society. So what happens when money stops being scarce because the world’s governments are mailing out checks, buying up bonds and stocks, forgiving debts, and generally foisting cash on anyone with a heartbeat and voter registration card? Well, then scarcity itself becomes scarce.

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