But it can be used efficiently or inefficiently. For example, if there are two bread bakers, and I can pay $10 to one and he makes two loaves, or $10 to the other and he makes one, then the money has not disappeared but one use produced more goods for society.
>Money always trickles back up, especially when it's put into the hands of low income people who tend to spend more than they save.
Where do you think savings goes? It is most certainly invested back into society, and is not generally spent on consumption. Giving money just so people can consume will mostly make more of the goods they consume. If you want future looking invention and innovation, you need savings that can be lent to startups, businesses, and other uses.
But it can be used efficiently or inefficiently. For example, if there are two bread bakers, and I can pay $10 to one and he makes two loaves, or $10 to the other and he makes one, then the money has not disappeared but one use produced more goods for society.
>Money always trickles back up, especially when it's put into the hands of low income people who tend to spend more than they save.
Where do you think savings goes? It is most certainly invested back into society, and is not generally spent on consumption. Giving money just so people can consume will mostly make more of the goods they consume. If you want future looking invention and innovation, you need savings that can be lent to startups, businesses, and other uses.