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People do not need liquidity to survive. They need air, water, food, medicine, shelter, in decreasing order of importance. No one has ever died for lack of liqu
by Frondo 7y ago
People do not need liquidity to survive. They need air, water, food, medicine, shelter, in decreasing order of importance. No one has ever died for lack of liquidity.
We've done a middling job at making sure people have air and water, less good with food and even worse with shelter and medicine. But liquidity? That should be last on the list of things to worry about. It should always be last.