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10 sats \ 0 replies \ @drlh 21 Apr \ parent \ on: Low Time Preference When You Don’t Have Much Time Left mostly_harmless
for the past 40-50 years there has been a systemic bias against savers
GDP's formula is: GDP = C + G + I + NX C = Consumption G = Total government spending I = Investment NX = Net exports
There are no savings here, only spending. Even war will contribute to economy with this formula.
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