return2ozma@lemmy.world to Political Memes@lemmy.world · 1 year agoCapitalism says keep working!lemmy.worldimagemessage-square138fedilinkarrow-up11.61Karrow-down120cross-posted to: [email protected]
arrow-up11.59Karrow-down1imageCapitalism says keep working!lemmy.worldreturn2ozma@lemmy.world to Political Memes@lemmy.world · 1 year agomessage-square138fedilinkcross-posted to: [email protected]
minus-squareJasonDJ@lemmy.ziplinkfedilinkarrow-up4·1 year 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-squareiknowitwheniseeit@lemmynsfw.comlinkfedilinkarrow-up3arrow-down1·1 year 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.