Fox, 3 months ago Unspent / uninvested money might as well be on Mars. When the government hands out money, it soaks into physical goods and equities and drives their prices up. This is exactly what has happened over the past five years with “emergency” spending. Money creation is not value creation
Unspent / uninvested money might as well be on Mars. When the government hands out money, it soaks into physical goods and equities and drives their prices up. This is exactly what has happened over the past five years with “emergency” spending.
Money creation is not value creation