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tpatke · 2011-09-05 · Original thread
You should read The Economics of Innocent Fraud. http://www.amazon.co.uk/Economics-Innocent-Fraud-Pocket-Peng...

>Whatever they don't consume is reinvested in the economy.

This is true of all financial transactions. The question is, are resources being allocated efficiently? As the authors state - that 5 trillion is not going to build schools or hospitals.

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