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43 sats \ 1 reply \ @dough 22 Jan \ on: Opposing the Keynesian Illusion: Spending Does Not Drive the Economy econ
Value at the center- Spending is a coincidence. That's interesting
Value to the consumer is always the center of purchasing in the economy. If the consumer doesn't value the object more than he values the money, he will not spend the money for the good. What the money is is just the means to the ends and only works when the end is what the consumer values.
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