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" ... Economists also don’t understand that contrary to their bogus models, consumption doesn’t drive economic growth. In truth, a lack of consumption instigates growth because it leads to more wealth created to be used as capital for producers endlessly in search of inputs that enhance their productivity. Translated yet again for those who need it, tractors turned once sleepy farms into agribusinesses long ago, while faster, 5G internet speeds will enhance human productivity in ways the human mind can’t even imagine as this is being read. But enhance human capacity it will, which means investment is the growth instigator that enables consumption. Economists put the cart before the horse. ... "
" ... Howard: I think those are all excellent points. That leads me to something else that I'm seeing which is a push away from influencers and what's appearing to be a new age of advocacy within these micro groups that you're talking about. It almost feels like it's advocacy versus micro influencers. It seems like these advocates bring so much passion to these small groups and that’s what instigates others to follow them. What are your thoughts on that? ... "