TheMoneyIllusion � “Spending” isn’t consumption:
Why does everyone else get this wrong?� Perhaps it’s nothing more than confusing the terms ’spending’ with ‘consumption.’� One can spend on either consumer or investment goods.� When you spend on investment goods, it’s called saving.
Why does everyone else get this wrong?� Perhaps it’s nothing more than confusing the terms ’spending’ with ‘consumption.’� One can spend on either consumer or investment goods.� When you spend on investment goods, it’s called saving.
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