4 ms·
A better economy... Please define "better".
by brokenmachine 6y ago
A better economy... Please define "better".
- goldenkey 6y agoMoney is worse when its velocity is low. This is associated with hoarding of cash. The world could have 10000T in cash but if no exchange happens, everyone is poor.
- brokenmachine 6y agoEndless consumption is a delusion, regardless of how much "better" the economy appears. Idleness doesn't necessitate consumption, and it's interesting that that conclusion was jumped to.