Coronavirus Is Priced. Inept Responses from Governments Aren’t

Investment powers economic growth. Period. If this statement of the obvious triggers certain readers, it’s probably best for the sensitive to stop reading now.

For those not offended by the obvious, it should be said that we all have endless consumptive desires. But as individuals we all know that those desires can’t be fulfilled absent production first. Consumption is a consequence of production, and investment powers production. The more investment in our capacity to produce the more resources boosting our ability to produce, at which point our ability to consume soars.

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Πηγή: realclearmarkets.com