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Business Cannot Exist Without Consumers. Now What?

Business Cannot Exist Without Consumers. Now What?

We should look at the 1921 depression for guidance on how to get the economy going again.

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Carter Williams
Apr 12, 2020
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Creative Destruction
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Business Cannot Exist Without Consumers. Now What?
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Says Law of Markets basically says business can not exist without consumers.

But what does that mean in the COVID era?

We should look at the 1920-21 Depression for guidance on how to get the economy going again. It was a two-year deflationary recession immediately following World War I, and it took a sharp bite out of employment at the time, spiking as hi…

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