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This wasn't about money. Markets, in general, refer to exchange of things that we humans value. Since exchange is voluntary, both parties benefit. Liquidity mea
by nileshtrivedi 9y ago
This wasn't about money. Markets, in general, refer to exchange of things that we humans value. Since exchange is voluntary, both parties benefit. Liquidity means having someone around to have that exchange with.
Economics is much more than simple allocation of money. It's fundamentally about human wants and how to satisfy them.