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https://archive.is/LdagP https://archive.is/LdagP
by curuinor 19d ago
https://archive.is/LdagP https://archive.is/LdagP
- curuinor 19d agoAs Nassim Taleb puts it, you often get gluts that aren’t followed by shortages, but it’s very rare to get a shortage that’s not followed by a glut. (from the article) I think this is also politically contingent upon the general world grand suppression of demand going on because nobody in a central bank really takes the employment mandates they often have seriously whereas they all take the inflation suppression thing really seriously (quite rational - look at what happened to Turkey)