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21 sats \ 4 replies \ @Satosora 31 Jul \ on: Is increased consumer spending good for the economy? econ
Wouldnt the economy improve, too, if people saved their money and made prices drop because people arent just buying in excess?
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20 sats \ 3 replies \ @Undisciplined OP 31 Jul
Yep, but our flawed metrics would be interpreted as the economy crashing.
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21 sats \ 2 replies \ @Satosora 31 Jul
I think this is something people need to realize. Spending money doesnt always make the economy better.
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20 sats \ 1 reply \ @Undisciplined OP 31 Jul
It only does if you really want the things you’re buying. Mindless consumption may as well be setting useful resources on fire.
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21 sats \ 0 replies \ @Satosora 31 Jul
Right, and in this society people are buying things just to buy things. They need to get that dopamine high.
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