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Kapitalet tvingas jaga den högsta avkastningen på samma sätt som två företag tävlar om att sälja samma widget
17 juni 2025
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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