Saturday, January 7, 2012

Does the Wall Street Journal really believe that saving is bad for the economy?

depends on where you save your money. if you pull all your money out of the bank and keep it under your bed, thats bad for the economy. if you save it in banks and bonds, then thats good for the economy. keeping it at home means that it isnt circulating. keeping it in a bank means that more money is available for people to borrow and invest.

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