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Money isn't capital. Money represents capital. When they try to spend that windall money, in aggregate, it will cause inflation, and the money will be proven to
by gowld 5y ago
Money isn't capital. Money represents capital. When they try to spend that windall money, in aggregate, it will cause inflation, and the money will be proven to represent less capital than previously assumed. The seller will thrive, but non-sellers will suffer higher prices.
- missedthecue 5y agoMy point is that one industry isn't starved because an allocator buys assets in a given asset class such as real estate. The money doesn't disappear, it keeps moving.