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A comment on Economists who defend disaster profiteers are wrong. Parent comment

Re:Economists who defend disaster profiteers are wrong by missedthecue on Tuesday April 14, 2020 @10:13AM (#22866196)
Investment drives growth, not consumption.
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Re:Economists who defend disaster profiteers are wrong by ceejayoz on Tuesday April 14, 2020 @12:56PM (#22868339)
Investment requires returns, which mean people have to consume the resulting product, be it goods or services.
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Re:Economists who defend disaster profiteers are wrong by missedthecue on Tuesday April 14, 2020 @05:09PM (#22871479)
Yes, one can't exist without the other, but economically speaking, it's impossible to consume your way to prosperity. You must increase productivity, and this is done through investment.

We tried consuming our way to prosperity during the housing bubble in the early 2000s. That turned out how you might expect.

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Re:Economists who defend disaster profiteers are wrong by nicoburns on Tuesday April 14, 2020 @10:40AM (#22866542)
And small investments tend to have better returns.
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Re:Economists who defend disaster profiteers are wrong by Kaiyou on Tuesday April 14, 2020 @11:17AM (#22867016)
Buying booze and drinking it isn't an investment.
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Re:Economists who defend disaster profiteers are wrong by nicoburns on Tuesday April 14, 2020 @01:14PM (#22868578)
No, but starting a small business is.
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Re:Economists who defend disaster profiteers are wrong by Kaiyou on Wednesday April 15, 2020 @07:02AM (#22876380)
Everyone can start a small business right now, what's your point?
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