It is if you count in the Fed assets.

But when the Fed starts reducing money supply it can feel like everyone in the market is losing.

During QT the Fed is basically removing money and reducing the circulating supply.

It happened in 2008 as well.

But mostly because Deutsche bank was in trouble from exposure to the US subprime loans. I guess they felt partially responsible

How about using black for fear and white for neutral pages. Breaks the colors up

If you have not noticed then there is a shortage of land. That is the basic property and claim.

There will always be property, animals fight for their patch of land. Even bacteria fight for their patch closest to streams of nutrition.

These are all real estate disputes.

If you don’t have access to good real estate you die.

Humans have just gotten more organized around how they claim ownership vs. Just being alpha male and killing intruders.

Only way to abolish property is to find endless land or to end anything living.

Your version means less people living because more people die from infant deaths and poverty.

There can be a shortage of things even if it’s not connected to an entitlement.

Shortage just means less supply than demand.

There is a shortage of microchips in the world. Nobody is asking if people think they are entitled to microchips. People still want more and are willing to fork out money for it.

There is also a shortage of oceanfront property.