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Post by mandg on Dec 20, 2023 14:06:20 GMT
In a normal market with supply and demand without outside intervention (government or monopoly) there should always be goods to sell and goods to buy - and the only variable is the price. Today (especially in a boom economy, but not only) the bond market (at least in the Magnates world I play in) is empty. If I ask for a loan I will find it immediately, but if I want to give a loan I may not find anyone to give it to. This teaches us that there is a market failure here. I can offer some of my own interpretations of how it came about, but whether I'm right about them or not, it's clear that there's a fallacy.
(The post was written with the help of a translator)
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