Government efforts to expand “aggregate demand”&nbsp;involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it.

Original Article:&nbsp;<a href="https://mises.org/wire/does-government-spending-and-money-expansion-create-new-wealth-or-destroy-it" target="_blank">Does Government Spending and Money Expansion Create New Wealth or Destroy It?</a>

Government efforts to expand “aggregate demand” involve new spending and money creation. In reality, these activities destroy wealth in the name of expanding it. Original Article: Does Government Spending and Money Expansion Create New Wealth or Destroy It?{ai:summary}<p>Government spending and money expansion, aimed at increasing "aggregate demand," actually destroy wealth instead of expanding it. #economy</p>

Does Government Spending and Money Expansion Create New Wealth or Destroy It?

Loading...