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>Keeping money lying around does not spur the economy, which means fewer jobs, fewer products, and a stagnating economy. This isn't true. If you personally "k
by magduf 7y ago
>Keeping money lying around does not spur the economy, which means fewer jobs, fewer products, and a stagnating economy.
This isn't true. If you personally "keep money lying around", that usually means putting it the bank, in a savings account, or maybe a CD. That money isn't doing nothing: it's being reinvested by the bank, earning them a return on their investment, and they're giving a little back to you in the form of interest. (Hopefully you're smart enough to put your main savings in a bank that actually gives you interest...)
It would be the same with any company. Saving money in low-risk investments would be the equivalent. That money is still being invested somewhere in the economy, just not in more volatile places.