8 ms·
But how is that possible? How can one survive without income barring homelessness, begging, prostitution, and other not so utopian options?
by suslik 2mo ago
But how is that possible? How can one survive without income barring homelessness, begging, prostitution, and other not so utopian options?
- T-A 1mo agogovernment, where two thirds of spending comprises transfer payments that help households bridge the gap between their spending, retirement, and health care needs and their wages and salaries [1] The market comment linked in the paragraph above that one features a toy model of the US economy which illustrates this (section "Equilibrium in output and income"). [2] [1] https://www.hussmanfunds.com/comment/mc260219/ https://www.hussmanfunds.com/comment/mc260219/ [2] https://www.hussmanfunds.com/comment/mc260104/ https://www.hussmanfunds.com/comment/mc260104/