Maybe the economy needs to slow down a bit. How much of the US GDP is broken window economics, and how much is a gain in overall wealth? I’d rather have a 10 trillion GDP where 9 trillion is still around than a 15 trillion where half of it is consumed like gasoline.
Maybe the economy needs to slow down a bit. How much of the US GDP is broken window economics, and how much is a gain in overall wealth? I’d rather have a 10 trillion GDP where 9 trillion is still around than a 15 trillion where half of it is consumed like gasoline.