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Although this wasn't your primary statement, wanted to take a bite out of your second clause about "encouraging cheaper product companies" as this is a point cl
by existencebox 9y ago
Although this wasn't your primary statement, wanted to take a bite out of your second clause about "encouraging cheaper product companies" as this is a point close to my heart as a regular advocate for consumer demand driven economics.
Boeing or Spacex's product demand is driven directly by transitive demand for an affordable product; air travel and to give one "space" example; gps, are both "consumer tier" products that facilitate a whole vertical of production. I'm hard pressed to think of a single super-expensive item that doesn't in some way link back to consumer demand; outside of additional injections via nations. To me this seems intuitive; as I'm hard pressed to think of another driver of production with comparable volume, and as such don't see any reason increasing that source of demand would bias "cheap" products any more than they are now.