Consumption is not in fact the main source of spending, but GDP leads people to think it is. I recently spoke to Prof. Jeff Herbener about this issue. And here’s the resource page I refer to in the video.
Receive the notorious Tom Woods Letter (which everyone who’s anyone reads) Subscribe to Newsletter
Grab your free copy of COVID Charts CNN Forgot, along with my e-letter
SIGN ME UPConsumption is not in fact the main source of spending, but GDP leads people to think it is. I recently spoke to Prof. Jeff Herbener about this issue. And here’s the resource page I refer to in the video.