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“Destroy the economy” is wrong. The price would collapse but the value of aggregate exchange of the good should increase. Example would be textiles in the Indu
by seizethecheese 4y ago
“Destroy the economy” is wrong. The price would collapse but the value of aggregate exchange of the good should increase.
Example would be textiles in the Industrial Revolution.
- withinboredom 4y agohmmm, probably could have been more clear. I meant "metal economy" not literally the whole economy.