How does the economy “grow”? Where does the new money comes from?

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How does the economy “grow”? Where does the new money comes from?

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Anonymous 0 Comments

As a society we are learning all the time to create value – taking a, adding b and making c which is greater than a + b in some way that you choose to measure value. We learn to do something cheaper, quicker, better, with less waste, less energy, lasts longer, with new features. All that extra value adds up to grow the economy.
It comes through learning and innovation

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