Simple Aquarium – Understanding Liquidity and Asset Inflation
By Tae-Sik
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May 28, 2024
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~10 min read
You observe an aquarium filled with an assortment of small trees. The trees on the right seem larger, healthier, and more robust compared to those on the left. In fact, the further you look to the left, the less healthy the vegetation appears. You notice a water spigot located in one corner of the aquarium […]