“The world is like a huge high-rise. The first 50 floors are on fire and the people on level 100 are having parties and focused on trying to make it to level 900. Since 50 floors are on fire the price of everything above is going up because there’s more scarcity. So the people on levels 51 to 900 are getting excited that the value of their apartments is increasing.”
A great analogy by Marcus Segal