If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't.
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Nationality: American Type: Journalist Born: 1878 Death: 1954 |
“In horror movies today it's lots of fast cut shot and lots of loud noises on the soundtrack. I tried to do the opposite. Playing with silence for instance.”