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You are kind of on the right track but still messing up. Interest rates are up in times of present scarcity and future abundance. So given a supply shock that
by imtringued 3y ago
You are kind of on the right track but still messing up.
Interest rates are up in times of present scarcity and future abundance.
So given a supply shock that increases scarcity, there might not be enough resources for everyone.
Then you will see both crime and interest rates coincide.
Meanwhile if there are enough resources for everyone, it is obvious that simply working will get you the resources you need.
- JumpinJack_Cash 3y agoEnough resources for real time order and consumption, maybe. But the thought process that compels people (both consumers and businesses) to desire more than real time order and consumption , or even just upgrade to products that are more intensive as far as raw materials are concerned, is psychological and contagious. It's not like everybody suddenly arrived independently at the same conclusion