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Re:Smoking Is a Dying Habit. Not in Germany by peapicker on Saturday September 02, 2023 @12:31AM (#37358584)
A nearly 80 yr old man I know has a nearly 200k per year pension. Every five years he lives adds 1 million to the economy.
Re:Smoking Is a Dying Habit. Not in Germany by CogitoCogito on Saturday September 02, 2023 @01:49AM (#37358861)
If by “add 1 million to the economy”, you mean the local economy where the 80 year old lives, then sure I guess. But in general that’s just money moving around.
Re:Smoking Is a Dying Habit. Not in Germany by qwytw on Saturday September 02, 2023 @08:08AM (#37360763)
How does that work? I mean technically he takes 200k from the economy without producing anything in return. In very basic terms the government printing an extra 200k adds about as much value (assuming he's not actively investing and not doing anything else).
Re:Smoking Is a Dying Habit. Not in Germany by matthewdgreen on Sunday September 03, 2023 @01:05PM (#37372009)
If he was “actively investing” would that change the situation?
Re:Smoking Is a Dying Habit. Not in Germany by qwytw on Sunday September 03, 2023 @03:25PM (#37373482)
Theoretically to some extent it would depending on how he allocated his investments (it could also be the opposite).