4 ms·
> The other will actually be very good for the economy. why is saving money good for economy? seems counterintutive
by dangwhy 4y ago
> The other will actually be very good for the economy.
why is saving money good for economy? seems counterintutive
- bubbleRefuge 4y agoYou are right it is not. One persons spending is the other's income.
- tastyfreeze 4y agoSaving leads to more people having enough to risk entrepreneurship and investment. Both lead to real economic growth.
- dangwhy 4y agois this claim based on any research ?
- tastyfreeze 4y agoHow did the rich get rich? Saving and putting that money to work instead of their bodies.