> They were teaching it in high school economics when I was a kid. If you mean the Paradox of Thrift [1], I remember that class in macroeconomics. But it was

> They were teaching it in high school economics when I was a kid. If you mean the Paradox of Thrift [1], I remember that class in macroeconomics. But it was quickly followed up with the point that funds that aren't spent are either (a) invested in capital which increases society's productive capacity, or (b) made available as loanable funds to others. So it's really not a paradox at all. Whether you're spending, investing or saving, you're still making an important contribution to the economy. [1] https://en.wikipedia.org/wiki/Paradox_of_thrift https://en.wikipedia.org/wiki/Paradox_of_thrift