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Re:Why inequality matters (2014) by nine_k on Monday September 14, 2020 @03:19AM (#24467683)
Central banks around the world jump out of their pants to increase consumption, the speed with which money moves along the economy pipelines and helps produce value.

Deflation and increased rates of saving (opposed to consumption) is the hobgoblin of the mainstream economy. It makes the money lie dormant, doing nothing.

Read about the multiplication effect if you forgot the idea. Money must circulate as fast as possible to help produce most value. This absolutely needs constant consumption.

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