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by jareklupinski 42 days ago
> One of the geese, for whatever reason, begins to lay golden eggs. Your little farm is now unbelievably profitable.

how? the value of gold plummets the instant that the market learns that the stuff literally comes out of rear ends

3 comments

well, mainly, because its an illustrative parable and not reality.
> ...comes out of rear ends

Instead we know it literally comes out of the ground and the market doesn't plummet.

Law of Demand. Cheaper gold supply means that the demand for it grows tremendously. Or something.