Капитал вынужден гоняться за самой высокой доходностью так же, как две компании конкурируют за продажу одного и того же товара.
Capital Flows
Capital Flows17 июн. 2025 г.
Macro liquidity is defined by the quantity of money in the system and the level of interest rates. As it interacts with growth and inflation, it determines the return profile for every asset. When liquidity expands, capital is mechanically pushed out the risk curve—because in a world of abundant money, capital is forced to chase the highest return.
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