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!
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.