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It isn't how markets work because people with more money don't automatically want to spend more money on strawberries. Rather the inverse; they have more money
by astrange 3y ago
It isn't how markets work because people with more money don't automatically want to spend more money on strawberries.
Rather the inverse; they have more money because they haven't spent it on things yet.
Although it's not a good general metaphor because strawberries are a consumption good and not used for your income like a car is.