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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: TheStockFairy who wrote (150218)2/8/2002 2:16:40 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
consumption spending without preceding production is actually shrinking the pool of funding according to Austrian theory. read the following article, which explains this by means of examples:

mises.org

note that today's mainstream economists seem not to know about this, which explains why we keep hearing the nonsense that consumer demand and the printing of money will lead to recovery.
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