grasping the after wind
That's grasping after the wind
- Jan 18, 2010
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Value is rooted in demand.
If there's no demand for the labor, what value would it have?
Absolutely, a thing is only worth what someone is willing to give up to get it.
BTW someone said earlier that saving money takes it out of the economy. That would only be true if the person saving the money saved it someplace like in a can in their back yard or under the mattress. Money saved in a bank or in the stock market is being used in the economy to fund expansion, home ownership etc. There is no money sitting around in a big vault somewhere gathering dust.
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