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Is it bad for the economy to save money 2024?

Zoe Wilson | 2023-05-07 11:50:51 | page views：1764
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Julian Lee

Works at the International Telecommunication Union, Lives in Geneva, Switzerland.
The whole idea that saving money is bad for the economy comes from the economist John Maynard Keynes, who referred to it as the --paradox of thrift.-- ... He believed that if everyone saved more money during times of recession, then demand for goods will fall.
2023-05-17 11:50:51
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Charlotte Lee

QuesHub.com delivers expert answers and knowledge to you.
The whole idea that saving money is bad for the economy comes from the economist John Maynard Keynes, who referred to it as the --paradox of thrift.-- ... He believed that if everyone saved more money during times of recession, then demand for goods will fall.
The Paradox of Thrift - The Simple Dollar
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