kane on Nostr: Capital stacks, balance sheets, and allocation of capital are what drive economic ...

Capital stacks, balance sheets, and allocation of capital are what drive economic systems.

Hoarded stacks of capital create piles of debt that eventually become worthless, clogging the pipes.

Until… a new capital stock is created and re-deployed, unclogging the plumbing and moving liquidity once again.

https://open.substack.com/pub/kanemcgukin/p/the-forgotten-foundation-why-capital