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Because sometimes you lose the important details in the generalization. Counter example would be that the dollars created aren't spent depending on how they're
by fladrif 4y ago
Because sometimes you lose the important details in the generalization. Counter example would be that the dollars created aren't spent depending on how they're distributed. If put under people's mattresses, put into the stock market, or sitting in a savings account, those don't enter circulation and increase the flow of money.
- WalterBright 4y agoWhat happens to the dollars you put into a savings account or bought stocks with? Do they disappear?