5 ms·
The present inflation suggests that we do not actually have an abundance of capital.
by deafcalculus 5y ago
The present inflation suggests that we do not actually have an abundance of capital.
- herodoturtle 5y agoI'm not an economics expert, but I suspect this is because "existence of capital" and "access to capital" are quite different. Put another way, abundant capital exists, but sadly it is disproportionately concentrated and not that readily available to the masses, so demand-pull inflation inevitably kicks in.