Circular Flow Quotes & Sayings

Firms produce goods for households - that's us - and provide us with incomes, and that's even better, because we can spend those incomes on more goods and services. That's called the circular flow of the economy. — Tim Jackson

Deflation is a leakage from this circular flow, to pay banks and the real estate, called the FIRE sector - finance, insurance and real estate. These transfer payments leave less and less of the paycheck to be spent on goods and services, so markets shrink. — Michael Hudson

The price decline is a result of having to pay debts. That drains income from the circular flow between production and consumption - that is, between what people are paid when they go to work, and the things that they buy. — Michael Hudson

If the society toward which we are developing is not to be a nightmare of exhaustion, we must use the interlude of the present era to develop a new technology which is based on a circular flow of materials such that the only sources of man's provisions will be his own waste products. — Kenneth E. Boulding

Meeting a stranger can be totally fleeting and meaningless, for example, unless you enter the individual's world by finding out at least one thing that is meaningful to his or her life and exchange at lest one genuine feeling. Tuning in to others is a circular flow: you send yourself out toward people; you receive them as they respond to you. — Deepak Chopra