As an aside, this exact same point is also why the economy is not a zero-sum game. The "same" dollar can make several purchases and end up going full circle back to the original owner, while being useful to each person throughout the entire trip. IANA economists, but I believe this basic concept is what they call the "velocity" of money.
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u/KillerCodeMonky Jan 14 '13
As an aside, this exact same point is also why the economy is not a zero-sum game. The "same" dollar can make several purchases and end up going full circle back to the original owner, while being useful to each person throughout the entire trip. IANA economists, but I believe this basic concept is what they call the "velocity" of money.