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In a normal situation this is true. In situation described above only the essentials are being produced by the economy and everyone gets essentials and nobody p
by ALittleLight 7y ago
In a normal situation this is true. In situation described above only the essentials are being produced by the economy and everyone gets essentials and nobody producing non-essentials works.
Having more money isn't useful in this situation. You already get the essentials and can't buy non-essentials because they aren't being produced.
- TuringTest 7y agoYou assume non-essentials wouldn't be created. Instead, they could be created by people who enjoy creating them - but they would be much more influenced by what they like, not necessarily what people demand.