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An alternative view is that it rewards investment in the economy.
by droithomme 7y ago
An alternative view is that it rewards investment in the economy.
- rm_-rf_slash 7y agoWork is an investment the economy. Hell, raising kids and taking care of disabled/elderly people is an investment in the economy too. Those folks and their caretakers are consumers just as much as you and me. Why does there need to be a privileged reward to invest? Everyone and their dog knows if you keep your money stuffed in your mattress it’ll lose value over time from inflation, and who doesn’t want to have a nest egg to retire on? Nobody needs an additional incentive to invest their capital beyond the bare bones basics of personal finance.