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Per Bylund
@PerBylund
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Mar 4, 2023
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Good thread on #money.
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Mar 4, 2023
Why additions to cash balances cannot be categorized as consumption or saving/investment. 🧵 We only say a burrito is a consumption good because that is the way it is virtually always used. We say a forklift is a producer's good for the same reason.
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Jonathan Newman
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https://www.upcarta.com/posts/58129
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