aperfectillusion:This is actually a real economic concept called the velocity of money. Let’s say yo

aperfectillusion:This is actually a real economic concept called the velocity of money. Let’s say you get paid $10, you use that $10 to buy lunch from a street vendor, then the street vendor uses that $10 to take a taxi home, then the taxi driver used that $10 to pay his babysitter, next the babysitter uses that $10 to buy groceries, etc. That one $10 bill produced $50 of economic value. This is really good for the economy and why it’s bad to give rich people more and more money because all rich people do is horde it. They don’t stimulate the economy multiple times over with it. This is also why some groups try to encourage people to shop local, so going down to your local stores, preferably small and family owned, instead of throwing your money at amazon. You can give your money to Jeff Bezos, who doesn’t need any more money, but it can save you a lot of time. Or, you can try to find something local and support your local economy, which may cost more than on Amazon, and cost you in time as well. On a related note, etsy allows you to select the location of the shops you shop from, so you can even ‘shop local’ online. This doesn’t even get into all the local trade/swap/barter groups you can find online as well. -- source link

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