I don't think either consuming or investing is inherently better than the other. investing all of your wealth and never consuming is pointless, why bother creat

I don't think either consuming or investing is inherently better than the other. investing all of your wealth and never consuming is pointless, why bother creating it in the first place? on the other hand, consuming all your wealth is also an obvious failure mode; eventually there will be nothing left. a successful society needs to strike a balance between investment and consumption. the steps to make this happen probably cannot be expressed in a short HN comment.