Toddsterpatriot
Diamond Member
- May 3, 2011
- 102,125
- 36,162
I agree, your moronic claim that wealthy people "pull money out of circulation" is cartoonish at best.
Sure. Explain it to us, professor.
The $ tied up in their wealth is not changing hands throughout the economy.
The $ tied up in their wealth is not changing hands throughout the economy.
Right. Because it's in that gold-filled swimming pool.
Tell us where you believe it is, professor.
Swimming around in the economy. Just like your wealth and mine.
Pulled out of circulation? Laughable.
Not an answer, dope.
All economic investment is around 15% of GDP.
Consumer spending is 70%.
Spending is circulation. Increased circulation is growth.
Rich folks don't spend more because they received tax breaks.
All economic investment is around 15% of GDP.
It's amazing!! That investment produces 100% of GDP and all the income those consumers get to spend.
Rich folks don't spend more because they received tax breaks.
I know, they fill up their gold swimming pools.