@[email protected] to Political [email protected] • 3 months agoCapitalism says keep working!lemmy.worldmessage-square137fedilinkarrow-up11.59Kcross-posted to: [email protected]
arrow-up11.59KimageCapitalism says keep working!lemmy.world@[email protected] to Political [email protected] • 3 months agomessage-square137fedilinkcross-posted to: [email protected]
minus-square@[email protected]linkfedilink4•3 months agoConsumer money doesn’t matter where it gets spent. It stays in the economy pretty much no matter what. The benefit of tourism to the (destination) economy is that outside money is coming in. That’s it.
minus-square@iknowitwheniseeitlink3•3 months agoWhat you say makes sense, but GDP measurement is weird. If I sell you a brick for $1 and then I buy it back the next day, for $1 I think that GDP goes up by $2.
Consumer money doesn’t matter where it gets spent. It stays in the economy pretty much no matter what.
The benefit of tourism to the (destination) economy is that outside money is coming in. That’s it.
What you say makes sense, but GDP measurement is weird. If I sell you a brick for $1 and then I buy it back the next day, for $1 I think that GDP goes up by $2.