What is Say's Law about?
My central idea is that 'supply creates its own demand.' This does not mean that one can produce anything and expect it to be immediately consumed. Rather, when an individual produces a commodity, they do so with the intention of exchanging it for another. The act of production generates an income that is then used to purchase other goods and services. Thus, a general glut of commodities, where too much is produced for too little consumption, is not a sustained possibility in a functioning economy.
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