do you ever read Andrew Sullivan's blog? This would be nominated for a poseur award.
I have no need to disprove your bullshit, as you've provided no evidence for a single thing you have said. You think I'm making fun of you because I'm scared inside? Lol. I'm making fun of you because you're acting like an idiot.
If you understood basic economics you would never have tried to make a number of the arguments you made. If you want to continue making a fool of yourself please feel free. I will continue to stick with real economics.
I gave you some advice before that you might want to quit while you were less far behind. maybe reconsider it?
As I said above, you lack the required intellectual tools to be able to understand it.
There are lots of idiots in the world and there are lots of idiotic things said. Why go out of your way to call me an idiot on this particular issue? It is because you’re scared out of your mind about this particular issue, that’s why.
It is not my fault you are acting the way you do, so don’t pin it on me. If you understood basic economics then you would not have claimed that the statement “consumption shrinks economies” is false. You would have claimed that it is correct.
You WANT to believe that your spending money on consumption is what makes the economy go round. It is to distract yourself from the uncomfortable truth that when you spend money on your own consumption, that it is the producer of the good that made the economy grow, not you. In your economic life of working, earning money and consuming, you have not yet intellectually matured enough to learn how productive activity works. You see yourself spending money, and then the world is essentially opaque beyond that.
The spending that grows economies is spending money on capital goods and labor, and other expenditures made for the purpose of making subsequent sales, which is composed of either more capital goods sales, or consumer goods sales.
If you decide to spend money on your own consumption, then you did NOT invest that money in labor or capital goods. I am going to assume you are not so oblivious as to not grasp that triviality.
Now, it is also trivial that it would be impossible if money were ONLY spent on labor and capital. At some point, in order to make such productive expenditures worthwhile, consumer spending MUST occur. But, and this is an important but, just because consumer spending is needed to ultimately make even capital goods sellers earn profits, it does not in any way imply or require that consumer spending grows economies. Consumption always shrinks economies. But, and this is also another important but, shrinking an economy via consumption is NECESSARY for human life and well being to exist. So contrary to your childish interpretation of what I wrote, that this somehow means consumption is an evil, or a bad thing, what it actually the case is that while consumption does shrink economies, it does not mean consumption is an evil. Consumption is necessary for human life and happiness.
You don’t understand basic economics. I am more intelligent than you in this subject, because not only do I understand the basics, and teach the basics, but I read the history of economic thought. That is what makes myself and many other “Austrians” intellectually superior to you. We don’t even need university or college education to be more knowledgeable in economics than you. You clearly wasted your money.
If you understood basic economics you would never have tried to make a number of the arguments you made. If you want to continue making a fool of yourself please feel free. I will continue to stick with real economics.
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