So this shows Keynes’ awareness that in reality spending does not represent the depletion of wealth. He realized that the No Dunks Inc Classic No Dunks for production shortages in a situation where we have un- or underutilized resources, (including un- or underemployed people), is to increase spending, not to decrease spending. He realized that the increased spending will, for the most, part lead to increased employment of resources and increased net production of wealth. He showed that in such a situation, due to the effect of producing new wealth and preserving current wealth, increased spending can cause increased total wealth, and a higher standard of living, and improved quality of life.
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