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> unfortunately that is also the wrong thing to do in order for the economy to recover I know this is what the newspapers say, but it's not clear to me that it
by randallsquared 17y ago
> unfortunately that is also the wrong thing to do in order for the economy to recover
I know this is what the newspapers say, but it's not clear to me that it's true. Saving implies that someone out there is paying interest for the privilege of using your money, and that in your own opinion, whatever they're doing is a better use than whatever you'd be spending it on if you had to spend it. Saying you should spend instead of save to help the economy sounds like saying you should deliberately lose money (if you thought it would make more money, you'd be doing it already, right?) to help other people make it... that is, you should be a charity.