4 ms·
Entirely the opposite. It's people saving money that causes the 'problem' in the first place. If they didn't save there wouldn't be a deficit. Deficit = exces
by neilwilson 4y ago
Entirely the opposite.
It's people saving money that causes the 'problem' in the first place. If they didn't save there wouldn't be a deficit.
Deficit = excess saving as a matter of accounting identity.
We have an 'unbalanced' budget precisely to allow people to save what they want.