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A comment on Entire German bond yield curve back in sub-zero territory. Parent comment
Similar situation for "illiquid nonproductive assets". Whoever sells them gets the cash.
If it sits in a bank account, the bank loans it out, where the borrowers spend it again.
Bezos isn't keeping $200 billion out of circulation. He owns 10% of a $2 trillion company.
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Similar situation for "illiquid nonproductive assets". Whoever sells them gets the cash.
If it sits in a bank account, the bank loans it out, where the borrowers spend it again.
Bezos isn't keeping $200 billion out of circulation. He owns 10% of a $2 trillion company.