PwlThis is a question:
As I see it, money is a means of exchange, so if money is taken out of an economy, say by housing as investments aka second homes; holiday homes or AirBnb or removal to other economies, then the original system must suffer.
In the UK businesses are failing eg the hospitality sector, could this be due to money being effectively removed from the system? And if so then perhaps people need to look to schemes like the LETS groups(Canada) to start the local economy revival.
As I see it, money is a means of exchange, so if money is taken out of an economy, say by housing as investments aka second homes; holiday homes or AirBnb or removal to other economies, then the original system must suffer.
In the UK businesses are failing eg the hospitality sector, could this be due to money being effectively removed from the system? And if so then perhaps people need to look to schemes like the LETS groups(Canada) to start the local economy revival.