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I think I made it clear I was talking about investing in productive capacity. Why they down vote I leave for them to say. I think people know how much consump
by stretchwithme 16y ago
I think I made it clear I was talking about investing in productive capacity. Why they down vote I leave for them to say.
I think people know how much consumption is right for them and how much they wish to invest in their own capabilities. They balance these things all the time. So I don't worry about them.
The problems start with government subsidizing consumption like owning bigger houses. Many people actually got deceived into thinking buying such houses was the way to make money. And everything not subsidized must get more expensive