The bankers make bets based on the state of the world. If the state of the world is that a country is better off betting less of its future on farming, that's how they will bet.
For example, if there's not enough people willing to farm, if there's not enough demand for farm products, or if other countries are better positioned. There will be less pleasant but no less real reasons, like a bigger power demanding you reduce farming, an economic conspiracy to create scarcity to drive up prices, or lands that were poisoned by past farming practices.
At least, that's the model I came up with! Creating money out of thin air seemed ridiculous to me, and this theory strikes me as less so.
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The bankers make bets based on the state of the world. If the state of the world is that a country is better off betting less of its future on farming, that's how they will bet.
For example, if there's not enough people willing to farm, if there's not enough demand for farm products, or if other countries are better positioned. There will be less pleasant but no less real reasons, like a bigger power demanding you reduce farming, an economic conspiracy to create scarcity to drive up prices, or lands that were poisoned by past farming practices.
At least, that's the model I came up with! Creating money out of thin air seemed ridiculous to me, and this theory strikes me as less so.