3 ms·
Things getting more expensive over time is inflation, things getting bigger over time is the market responding to consumer desires...someone making so much mone
by Damogran6 3y ago
Things getting more expensive over time is inflation, things getting bigger over time is the market responding to consumer desires...someone making so much money the interest eats the entire monitary supply is consumed is an extinction event.
The mind isn't great at groking just how much money we're talking about here. The people making the money are a combination of things: Not doing it for the money, doing it to rack up a high score, doing other things while the money does it's thing.
But the big takeaway is that money is effectively removed from the economy. When you can afford 200 100M yachts...you're not GOING TO BUY 200 100M yachts, so the yacht builders aren't going to use that money to further stimulate the economy.
"Hey man, I made a company that pays me $200B"
No, you didn't, you got in front of a money hose that shunted a crazy amount of money into your coffers due to gaming a market. You got lucky, and you can't DO anything with 99% of those funds, you just can't use it fast enough.