Traditional Culture Encyclopedia - Traditional stories - Discuss the importance of consumption?
Discuss the importance of consumption?
It's actually quite simple. As the above-mentioned people said, consumption growth has driven economic growth. If everyone does not consume, the economy will have no liquidity. Imagine, if no one consumes, there will be inflation at first, then a large number of factories will close down, then banks will loosen monetary policy, then banks will go bankrupt and liquidate like the United States, and then …
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