So I'm nitpicking here, but this seems to me to be an important nitpick: This is not true because money circulates.
The distinction is, one should not stop looking at only the first level effects, but the entire fields the money streams flow through.
It remains true that money flows in specific areas, but it is on a higher level than only the immediate first level spending, so the analysis has to be different too.
So I'm nitpicking here, but this seems to me to be an important nitpick: This is not true because money circulates.
The distinction is, one should not stop looking at only the first level effects, but the entire fields the money streams flow through.
It remains true that money flows in specific areas, but it is on a higher level than only the immediate first level spending, so the analysis has to be different too.