An Economics Lesson for Democrats

[Jimbo]

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Let's just ignore the fact that it doesn't, hasn't and will never work in any non striclty barter based economy.


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Why Say's Law is correct is evident from one simple consideration: if inventory doesn't sell, then prices will be cut until it does. I believe you subscribe to the laymans theroy of underconsumption. This crackpot notion is discounted by all sound economists and should be by you as well.

Your narrow concept of barter needs to be widened for you to ever understand my position.

Jimbo