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production was threatened. So civilian demand was boosted. That makes no sense. When production is "threatened", artificially boosting demand would be the exac
by masonic 7y ago
production was threatened. So civilian demand was boosted.
That makes no sense. When production is "threatened", artificially boosting demand would be the exactly wrong thing to do.
- JumpCrisscross 7y ago> When production is "threatened", artificially boosting demand would be the exactly wrong thing to do There was wartime demand. Dairy farmers invested to meet it. War ends. Demand goes down. That capital must now be written off, re-purposed, or the demand re-started. We chose the last option. Production as in productive capital or productive potential.