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> Consumption drives demand. Which drives the economy. That's one way to look at it. But obviously at an extreme it doesn't work. The best way to increase mone
by jimmywanger 10y ago
> Consumption drives demand. Which drives the economy.
That's one way to look at it. But obviously at an extreme it doesn't work. The best way to increase monentary velocity and consumption is hyperinflation, but nobody is advocating that.
If consumption were truly driving the economy, Venezuela and Zimbabewe would be monentary powerhouses.