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And if you spend money on 'living well', that is a massive increase in GDP through money being recycled in the system... which is what fuels the economy. i.e. i
by rayhano 14y ago
And if you spend money on 'living well', that is a massive increase in GDP through money being recycled in the system... which is what fuels the economy. i.e. it's a good thing
- rogerbinns 14y agoWhy don't I go around breaking all the windows in my town every night? All the extra money spent and being recycled through the system would fuel the economy - it must be a good thing? This is known as http://en.wikipedia.org/wiki/Broken_window_fallacy http://en.wikipedia.org/wiki/Broken_window_fallacy