The Dynamics of Scarcity in Economics

The entire world runs on one simple problem called scarcity. We all have infinite wants but limited

cash, meaning every single choice you make has an opportunity cost.

It is basically a giant loop where households work for businesses, businesses pay wages,

and the government steps in to tax us and build roads. Banks are just the middlemen moving

your savings into someone else’s loan to keep the engine running. We are constantly

fighting over what to produce and who actually gets it. The economy is really just a chaotic scoreboard

for how we handle the pressure of never having enough.