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yieldcrvtoday at 5:38 PM0 repliesview on HN

and it doesn’t disappear [1], much like law of conservation

at any given time there is a finite amount of it most easily observed in currencies’ relative price to another currency, and its movement between owners causes distortions in asset prices

most people I’m around and most trading indicator developers I’ve seen don’t seem to conceptualize the flow of value around the economy. so it feels niche and maybe visualizing this mental model can help many people

[1] central banks can functionally delete money in their bond purchase and roll off programs