Currency
Back in February (an age ago), I mused about the role of consuming and producing in our economy: we’re always either consuming or producing.
The next step in that thinking is about the economic sectors, which are:
Primary: Natural resources
Secondary: Manufacturing and processing
Tertiary: Services and distribution
Quaternary: Knowledge and information
The current scenario has us very focused on all those sectors, probably with a different view than we had six weeks ago. And the question I keep wondering, along with others I’ve spoken to, is –the money circulating furiously six weeks ago, I wonder where it has gone.