“In all biological systems, organisms compete for resources. Whether that’s food, sunlight, space, reproduction, or even social position, organisms compete in some form or another.
Humans are no different. We compete for food, jobs, beer, living space, tacos, energy, and even our investments… just like any biological system in nature. Where things get a little different is how humans compete for these resources — we use money. The price of scarce resources can be bid up so high, that only the most successful humans can afford it.
While there’s plenty of criticism of “money” in this world, it’s a far better system than beating each other with sticks and rocks to see who’s the baddest mofo around.
This competition for resources generally works wonders for doling out the world’s goods and services — except when it comes to investing.” Continue Reading