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You can make an argument that the economy as a whole is not a zero-sum system, but money markets certainly are.
by dvt 3y ago
You can make an argument that the economy as a whole is not a zero-sum system, but money markets certainly are.
- skybrian 3y agoIt’s zero-sum when the game ends because there are no more buyers. That hasn’t happened yet. We don’t know how much more money will be spent on Ethereum or who the buyers will be. We don’t know how much they will win or lose. If it’s zero-sum but we don’t know how many terms are being summed or their values, then we can’t do the math and the equation isn’t very useful for making predictions.
- deleted 3y ago[deleted]
- drexlspivey 3y agoAssume a financial asset that keeps going up at a steady rate, people buy and sell it all the time but everyone who sold did it at a higher price. Who is losing money in that case?