Walking in the air…
Dec 10, 2021
2 minutes
Since the Money Madness began in earnest in March 2020, consumer spending – as measured by real retail sales – has gone up 13.5%. That’s due to the feds’ stimulus cheques, non-repayable loans and other claptrap. According to Say’s Law, real demand (purchasing power) comes from output. In other words, you gotta
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