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