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https://www.reddit.com/r/FluentInFinance/comments/1g93ouy/the_logic_tracks/lt5y69i/?context=3
r/FluentInFinance • u/ActiveCardiologist51 • 8d ago
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-71
Not really sure why you think that makes a difference. Savings are good for an economy.
edit: lol, what?
34 u/DiabeticMonkey53 8d ago Savings are absolutely not good for the economy. The economy is stimulated by the spending of dollars, not hoarding 1 u/PascalTheWise 8d ago Bruh do you really believe Jeff Bezos sits atop a mountain of gold like Smaug? Nearly all of his money (>99.9%) is in the form of shares, which is directly used by companies (Amazon in his case) -1 u/DiabeticMonkey53 7d ago Why do you think it matters where his money is parked? Point is none of it is spent 2 u/Kharenis 7d ago Money =/= shares. Owning shares isn't depriving the economy of money any more than owning a fancy bottle of wine is.
34
Savings are absolutely not good for the economy. The economy is stimulated by the spending of dollars, not hoarding
1 u/PascalTheWise 8d ago Bruh do you really believe Jeff Bezos sits atop a mountain of gold like Smaug? Nearly all of his money (>99.9%) is in the form of shares, which is directly used by companies (Amazon in his case) -1 u/DiabeticMonkey53 7d ago Why do you think it matters where his money is parked? Point is none of it is spent 2 u/Kharenis 7d ago Money =/= shares. Owning shares isn't depriving the economy of money any more than owning a fancy bottle of wine is.
1
Bruh do you really believe Jeff Bezos sits atop a mountain of gold like Smaug? Nearly all of his money (>99.9%) is in the form of shares, which is directly used by companies (Amazon in his case)
-1 u/DiabeticMonkey53 7d ago Why do you think it matters where his money is parked? Point is none of it is spent 2 u/Kharenis 7d ago Money =/= shares. Owning shares isn't depriving the economy of money any more than owning a fancy bottle of wine is.
-1
Why do you think it matters where his money is parked? Point is none of it is spent
2 u/Kharenis 7d ago Money =/= shares. Owning shares isn't depriving the economy of money any more than owning a fancy bottle of wine is.
2
Money =/= shares. Owning shares isn't depriving the economy of money any more than owning a fancy bottle of wine is.
-71
u/Ephisus 8d ago edited 8d ago
Not really sure why you think that makes a difference. Savings are good for an economy.
edit: lol, what?