The only virus running rampant around the world is fiat money, money flowing so freely and spreading so quickly even epidemiologists couldn’t track it with a supercomputer.
Bat cattitude has a brilliant post that really shows how and why this moneydemic works so well.
people mistakenly presume this applies only to money, investment, production, etc. this is not so. it applies to every kind of tradeoff that humans make as they engage in the decisions that determine the course of their lives. all of them. it’s easy to get people to do more of something if you pay them to do it. that’s simple and straightforward. hospitals got paid massive sums for finding covid cases. there was a huge pool of federal money that went to them and vastly boosted revenues. states got aid bas