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This notion though, that you can just sort of send checks out to everybody and things will be fine is not true, obviously. Some have this absurd view that the economy is like some magic horn of plenty… that just makes stuff. There’s a magic horn of plenty, and the goods and services, they just come from this magic horn of plenty. And then if somebody has more stuff than somebody else, it’s because they took more from this magic horn of plenty. Now let me just break it to the fools out there: If you don’t make stuff, there’s no stuff. If you don’t make the food, if you don’t process the food, if you don’t transport the food, medical treatment, getting your teeth fixed, there’s no stuff. We’ve become detached from reality. You can’t just legislate money and solve these things. If you don’t make stuff, there is no stuff. (en) |
