2 ms·
^This is correct, demonstrably. Unlike at the micro level, at the macro level your spending is my income. That alone changes (almost every) received microecon
by gone35 5y ago
^This is correct, demonstrably.
Unlike at the micro level, at the macro level your spending is my income.
That alone changes (almost every) received microeconomic intuition.
- jasonwatkinspdx 5y agoThis is the exact framing that's worked to get things across to friends that have gotten confused by some fear mongering propaganda using the personal finance metaphor. It naturally leads into explaining how potential deflation needs to be address in a way very from being thrifty personally.