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Consumers buying is what drives production. Not investment. > better [...] prices, and generally overall welfare. How does investment do that? Plenty examples
by cies 5y ago
Consumers buying is what drives production. Not investment.
> better [...] prices, and generally overall welfare.
How does investment do that? Plenty examples of the opposite can be found. I find those claims baseless.
- whimsicalism 5y agoInvestment and low rates drives wages which drives consumption. Investment also shifts aggregate supply to the right, which causes more output.
- RussianCow 5y ago> Investment and low rates drives wages which drives consumption. I know this is Economics 101, but is there any evidence that this actually happens in practice?