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Avshalom
85 days ago
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Abundant Intelligence
The fundamental driver of the economy is people eating and clothing themselves, not writing memos that are never read.
tlb
85 days ago
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Food is 13% of US consumer spending, and clothing is 2.7%. Both have declined steadily since the industrial revolution.
Avshalom
85 days ago
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I assure that people being alive is going to be the fundamental driver of the economy no matter what percent of consumer spending it is.
red_rech
85 days ago
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Now cut off people’s access to those and let’s see how the economy does
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