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This is something that people fail to understand about economics. The vast majority of wealth is created by the faster movement of money - Japan went into a per
by woweoe 4y ago
This is something that people fail to understand about economics. The vast majority of wealth is created by the faster movement of money - Japan went into a period of stagflation because savings rates rose in order to cover loan defaults. A yen doing the 5 rounds in a family of three could buy 15 yen worth of goods.
- whiddershins 4y agoCreated by or represented by?
- Ericson2314 4y agoThat is true, but consumption is supposed to be part of the loop. If a bunch of B2B companies are paying each other no B2C or C involved it's pointless economic activity and Ponzi-esque