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Well what do you expect? Life is a game of incentives. When your savings devalue 40% a decade you can't save money. When a politician talks about "stimulating t
by friend_and_foe 3y ago
Well what do you expect? Life is a game of incentives. When your savings devalue 40% a decade you can't save money. When a politician talks about "stimulating the economy" what they're talking about getting people to blow their money. When they then go on to talk about how the average american can't cover an emergency expense of a thousand dollars, remind them who's fault that is. Money velocity comes at the expense of savings.