Quote:
Originally Posted by wdmso
1000 spent and 1000 invested are not the same
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I didn’t say they were the same. I said they are both pumped into the economy. You said wealthy people don’t use money in a way that puts it back into the economy. Unless they burn it or bury it, it goes back into the economy, and nothing in chairman Mao’s little red book can make that wrong. The economy needs people to invest, and it also needs people to spend. Both are critical.
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