Re:We must return to an economy fueled by innovation, rather...
by imtringued on Monday March 14, 2022 @03:41AM
(#30669492)
I don't know what you mean by banking problem but let me tell you the purpose of money once there are enough savings to fund every single investment. The money must be spent on something that is an end in itself i.e. consumption. All economic activity has the end goal of increasing the ability to consume. If you insist on saving and investing anyway then investment itself turns into consumption i.e. a recreational activity that costs money.
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