4 ms·
Paradox of thrift. If everyone saves, there's nothing to do hard work on, so currency inflates. The approach only works if we can use our work to stockpile dur
by sukilot 6y ago
Paradox of thrift. If everyone saves, there's nothing to do hard work on, so currency inflates.
The approach only works if we can use our work to stockpile durable goods.
- TheCoelacanth 6y agoInvesting in things that increase future productivity also works.