> "This kills the economy. If everyone saves then by definition spend goes down. And spend is what pays everyone, the cycle goes broken and and next year pay de

> "This kills the economy. If everyone saves then by definition spend goes down. And spend is what pays everyone, the cycle goes broken and and next year pay decrease. and if you keep saving, it keeps going down, until everybody is on survival mode and nothing else is consumed." no, it doesn't just break, the economy readjusts. there's a practical lower bound to trade and consumption (we need food, clothes, shelter, energy, water, etc.) and prices for essentials would likely rise relative to non-essentials, as demand shifts around the economy and supply adjusts to match it. labor prices likely dip, as do capital returns, during the transition period. permanent savings would lower monetary throughput, but not necessarily velocity.