Money circulates more when used for short-term consumption, than long-term investment, no? So I'd expect a shift from the former to the latter to slow economic growth.
I don't follow. How can consumption increase economic growth when it comes at the cost of investment? Investment is what creates economic output.
Haven't had one of these for awhile. This thread is for questions or comments that you've felt silly about not knowing/understanding. Let's try to exchange info that seems obvious, knowing that due to the illusion of transparency it really isn't so obvious!