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Savings rate is a function of income. What if your income is zero because you've lost your job due to a pandemic?
by fistfucker3000 6y ago
Savings rate is a function of income. What if your income is zero because you've lost your job due to a pandemic?
- xyzzyz 6y agoIf incomes were going down, you’d expect decrease, not increase in savings rate.
- fistfucker3000 6y agoIf someone makes no income, they're not counted in the savings rate is my point. It's like people who do not look for work not being counted as "unemployed"