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If everyone plants their own fruits, the market actually shrinks. No one will buy or sell fruits because we all have enough. What matters for market/economy is
by hsn915 5y ago
If everyone plants their own fruits, the market actually shrinks. No one will buy or sell fruits because we all have enough.
What matters for market/economy is not how much stuff there is, but whether stuff is being circulated and money is being moved around.
There's no economy for air because everyone has access to it.
If for some reason the air becomes scarce, suddenly there will be a market for it and the economy will "grow".
Official measures of economy are mostly about money moving around.
- powerslacker 5y agoIf there is less air and there is suddenly a market for air is humanity collectively richer or poorer? > Official measures of economy are mostly about money moving around. Agreed. What I'm trying to say is I'm not worried about the official numbers representing a doomsday scenario.