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That's it's not lost or sucked out of the economy. It is transferred to new owners who will spend it and it will go to new owners and so on and so forth.
by missedthecue 5y ago
That's it's not lost or sucked out of the economy. It is transferred to new owners who will spend it and it will go to new owners and so on and so forth.
- patrickthebold 5y agoAgreed, it's not really any different than an increase in taxes. Tax money does get spent, so it's not really lost at all.