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>But about those savings: nothing about our economy is about rewarding savers, every single aspect of monetary and fiscal policy is to promote transactions in t
by lotsofpulp 3y ago
>But about those savings: nothing about our economy is about rewarding savers, every single aspect of monetary and fiscal policy is to promote transactions in the economy
Because saving is not stuffing money under a mattress, it is investing it for a presumed return. And many major voting blocks benefit by hitting the presumed returns, which happens by promoting transactions.