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Politics : Formerly About Advanced Micro Devices
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To: Joe Btfsplk who wrote (766540)1/28/2014 7:07:30 PM
From: combjelly  Read Replies (4) of 1575900
 
That is how economics operates. Not the voodoo you are espousing.

Spending is spending. The money isn't coded with little tags saying where it came from. Now true, some spending is more effective than others. For example, putting money in the hands of lower income people, who will typically spend it on low margin goods, can boost an economy pretty quickly because it tends to have a high velocity. Money spent on luxury goods, not so much. .

Money represents goods and services. It isn't something mystical thing that only certain initiates have had the secrets revealed to.

You are entitled to your own opinions. But don't expect to be taken seriously when they are based on nonsense. Economics has nothing to do with unicorns and fairy dust.
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