Quote:
Originally Posted by calculoso
As was the supposed reason why women should work instead of staying home, people not spending results in lower tax revenues and fewer jobs. Saving money does little good for the economy in general.
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Not in this case. Saving, speaking economically, basically amounts to removing money from circulation, keeping it in your bank account. This money is investment in the economy. The I part of the old C+I+G+NX that makes up our GDP. This is investment and is good for the economy.