Consumption also funds jobs which put money in the pockets of the poor.
It has the added benefit of bidding up the price of things poor people need, which yes is inflationary but also incentivizes more resources being provisioned to help provide the things that poor people need.
It has the added benefit of bidding up the price of things poor people need, which yes is inflationary but also incentivizes more resources being provisioned to help provide the things that poor people need.