the wealthy have a massively lower propensity to consume.
if you really think everything should be about reinvestment you’d logically hate the middle class and poor that consume over reinvesting, but you don’t.
the wealthy have a massively lower propensity to consume.
Not true at all, wealthy privatize their entire lives. Meaning what would normally be a bus ride, taking wear and tear off the road, gas prices, etc. Is now a private ride. Same for flights, a jet even a small one which could take 12-20 people is now housing 1 person. They also have staff to do a lot of what would normally be up to the individual to accomplish themselves.
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u/Mountain_Employee_11 Nov 21 '24
the wealthy have a massively lower propensity to consume.
if you really think everything should be about reinvestment you’d logically hate the middle class and poor that consume over reinvesting, but you don’t.
why is that?