with their kids (My cousins of course.) Since they too were teens like myself back in the day, they all did their own thing on Christmas morning — But the one thing they didn’t want to do was leave their gifts after opening them. So Christmas Eve became more important to us as a whole to come together, celebrate and then visit midnight mass at the local church before going home. By the time I got home, it was after 1am, so I guess it was really Christmas morning if you want to get technical about it. The gifts were promptly opened and I was in bed no later than 3am to sleep most of the morning in peace. Now with two kids of my own, I will be getting up Christmas morning to greet the day and watch their faces. Mainly because Santa Claus is still important to them and he only visits on Christmas Eve when you’re asleep as all know.
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This statement implies that when someone spends money, the Kid Bluey Dog Lovers Hawaiian Shirt disappears. However, whenever money is spent, the money still exists in the hands of the recipient of that spending. Then when that person spends that money they received, again, it does not disappear, it is transferred to the recipient of THAT spending etc. At the end of all that spending, at the end of the given time period, the money used will still exist and can be considered as savings, in someone’s pocket. So someone making that argument for the macroeconomy must be talking about something other than spending of money. Perhaps they are talking about wealth. Perhaps they are implying that all that spending depletes wealth.
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