does saving really hinder the economy that much?
when you buy a good or service, you consume (subtract) it from the economy.
when you provide goods or services, you produce for (add to) the economy.
a saving society is one that produces and abstains from consuming unnecessarily. in other words, humans are adding more than they subtract from their environment.
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on the other end of the spectrum, there are people spending their time gambling on the price of money (day traders of all sorts) and making money without producing or adding anything to the economy.
those same people go on and consume the most - expensive cars, houses, boats…
they are subtracting a lot more than they are adding to the economy, making a net negative contribution to the economy…
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