'There is no money!” has become the popular refrain, the final judgment, the refuge. Nothing could be further from the truth. The world has probably never been more awash with money than it is today. Estimates of global money supply vary according to the narrowness or broadness of definition, but all of them run into tens of trillions of dollars, or hundreds of trillions of rands.

Money is in such abundance that it is chasing fewer and fewer investment opportunities, ultimately leading to significant concentrations of wealth, in ever fewer countries, among ever fewer people. However, inequality is alive and well and flourishing, and ignored in this flush environment...

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