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By most metrics used to measure economic success the economy as a whole is most "healthy" (aka productive) with little if any saving going on. Obviously that i
by Guvante 3y ago
By most metrics used to measure economic success the economy as a whole is most "healthy" (aka productive) with little if any saving going on.
Obviously that isn't true on smaller scales, living paycheck to paycheck isn't considered a good thing.
It just means it is nuanced to discuss these problems from a Macroeconomic perspective. On the one hand saving a little is good for individuals on the other spending is better for the "economy".