Compulsive shoppers, yes. Ordinary people, no. Ordinary people simply prefer the goods they are buying over the money they are paying. They do not immediately sell the goods at a loss and then repeat the cycle. Preferring A to B does not create a money pump. Preferring A to B and B to A, that is a money pump.
Compulsive shoppers, yes. Ordinary people, no. Ordinary people simply prefer the goods they are buying over the money they are paying. They do not immediately sell the goods at a loss and then repeat the cycle. Preferring A to B does not create a money pump. Preferring A to B and B to A, that is a money pump.
Precisely my point.