"Gary Coffman" wrote

It doesn't
really matter what jobs people do to make the velocity of money
high. The notion that wealth is only measured in tangible goods
output is primitive, and a fundamentally flawed way of measuring
the health of a modern economy.

Gary


I suppose we can all sit around in the dirt picking fleas off of each
other..... no tangible goods required, such as clothes, housing,
transportation.... not to mention machine tools.

Tangible goods ARE the economy....the service end of it is a byproduct of
the manufacturing process. Subtract tangible goods and you will really have
a "primitive economy". The outlook for this country is not good at all.

Mark