RE: RE: How much did the military spend yesterday? $1.1 billion
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RE: How much did the military spend yesterday? $1.1 billion

geke(70)
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Bastiat showed that holding money (saving) did not hurt the economy because money is never doing nothing. Simply taking some out of circulation increases the value of circulating money, and money not used for consumption is often invested, spurring production and easing the economy's burden of consumption. So I don't think either Gesell or Keynes were right about saving money being problematic.

@geke: Bastiat showed | Ecency