Does Say’s Law apply to secrecy jurisdictions

Posted on

Odd—Helge Fjeldstad of the Christian Michelson Institute, Bergen, Norway has asked:

Does Say’s Law apply in tax havens? Does supply create its own demand here?

Yes, was his clear answer: but this is unsurprising. Do you really think that the Big 4 are in these places to follow the trade, or to create it?