2 ms·
> Prosperity is generated by production not consumption. Ya sure? So, if the economy produces oodles of luxury goods, but nobody gets to live in luxury by usin
by CRConrad 5y ago
> Prosperity is generated by production not consumption.
Ya sure? So, if the economy produces oodles of luxury goods, but nobody gets to live in luxury by using them, because they're all put in storage -- "it's all about production, not consumption, dontchaknow?" ... How does this production lead to prosperity?
Production and consumption go hand in hand.