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No. I don't see how distributing new money is going to automatically increase the price elasticity of demand universally across all consumer sectors when the ne
by pwaai 9y ago
No. I don't see how distributing new money is going to automatically increase the price elasticity of demand universally across all consumer sectors when the net worth of recipients will not have the same amount of money left in their bank case as some people would be willing to save more than others, and vice versa. Sure, some goods might see increase in price elasticity but not from the increase in number of people who want to buy goods but who can actually afford them which is exactly where we were before except now some people are building their savings I guess is good.