3 ms·
This seems to me like Ideology disguised as Tautology. "Saving = Investment" is an accounting identity and not a causal law. He shifts by implying that 'saving
by plesn 3mo ago
This seems to me like Ideology disguised as Tautology.
"Saving = Investment" is an accounting identity and not a causal law.
He shifts by implying that 'saving' drives 'investment'. In accounting even unsold inventories are forced into the 'investment' bucket.