3 ms·
You were forced to bid more than others who were willing to bid as much as they can. That is where the price tops out. If you have more money than them you stil
by branchless 10y ago
You were forced to bid more than others who were willing to bid as much as they can. That is where the price tops out. If you have more money than them you still had to pledge more of your labour because bankers extended loose credit.
Life does go on. And we have to work for longer for the exact same pile of bricks than our parents because of the changes in banking, gold std and the tech enabling tracking vast quantities of digital fiat credit.