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by roguecoder
5139 days ago
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You are missing the piece that all conservative economists miss: access to the medium of exchange. It doesn't matter how well you identify the customer, satisfy their desires and add net value for all parties involved: if that customer doesn't have a job that gives them cash to buy your product the economy grinds to a halt. It can be summed up by the famous if possibly apocryphal line by Ford: "I pay my employees enough to afford to buy my cars." |
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