The paradox of thrift is a Keynesian view of spending money so that your money can go into other people’s pockets. However, if everyone starts saving their money, at home for example, others get less income and paid less potentially, therefore having a negative impact on the economics. However, if only you and some others save their money (not including everyone) you will benefit positively without having a negative toll on the economy.
Chapter 11 Post and Reply
What the Paradox of Thrift is all about - Spears
The cut-off date for posting to this forum is reached so you can no longer post to it.
Background Colour
Font Face
Font Kerning
Font Size
1
Image Visibility
Letter Spacing
0
Line Height
1.2
Link Highlight
Text Colour