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116 sats \ 1 reply \ @Undisciplined 15h \ parent \ on: We're Approaching the "Blame the Consumer" Stage of the Boom-Bust Cycle econ
Keynesian nonsense is so deeply ingrained. It shouldn't be hard for people to grasp that economic growth comes from producing more than is consumed. Increasing consumption doesn't help that.
not to mention that GDP just misses a lot of value creation, like home-making, enjoying the outdoors for free, re-using your old printer, etc.
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