Investors Are Suddenly Going Nuts Over “Scarcity”
Investors Are Suddenly Going Nuts Over “Scarcity”
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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