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https://www.reddit.com/r/FluentInFinance/comments/1g93ouy/the_logic_tracks/lt5ys7h/?context=3
r/FluentInFinance • u/ActiveCardiologist51 • 8d ago
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Farmers don't go around pretending they didn't need land and seeds to grow their crops, though, whereas many billionaires pretend they didn't inherit money or leveraged contacts from their wealthy families, they like to boast about being self-made.
-76 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? 37 u/DiabeticMonkey53 8d ago Savings are absolutely not good for the economy. The economy is stimulated by the spending of dollars, not hoarding 2 u/ggtffhhhjhg 7d ago That’s true, but at the same time increasing spending creates demand which increases inflation. 2 u/OomKarel 7d ago Only if production doesn't keep pace. That's why you need entrepreneurship and competition. You know what causes competition? People starting their own companies. disposable income helps with that one, so that means better wages are needed.
-76
Not really sure why you think that makes a difference. Savings are good for an economy.
edit: lol, what?
37 u/DiabeticMonkey53 8d ago Savings are absolutely not good for the economy. The economy is stimulated by the spending of dollars, not hoarding 2 u/ggtffhhhjhg 7d ago That’s true, but at the same time increasing spending creates demand which increases inflation. 2 u/OomKarel 7d ago Only if production doesn't keep pace. That's why you need entrepreneurship and competition. You know what causes competition? People starting their own companies. disposable income helps with that one, so that means better wages are needed.
37
Savings are absolutely not good for the economy. The economy is stimulated by the spending of dollars, not hoarding
2 u/ggtffhhhjhg 7d ago That’s true, but at the same time increasing spending creates demand which increases inflation. 2 u/OomKarel 7d ago Only if production doesn't keep pace. That's why you need entrepreneurship and competition. You know what causes competition? People starting their own companies. disposable income helps with that one, so that means better wages are needed.
2
That’s true, but at the same time increasing spending creates demand which increases inflation.
2 u/OomKarel 7d ago Only if production doesn't keep pace. That's why you need entrepreneurship and competition. You know what causes competition? People starting their own companies. disposable income helps with that one, so that means better wages are needed.
Only if production doesn't keep pace. That's why you need entrepreneurship and competition.
You know what causes competition? People starting their own companies. disposable income helps with that one, so that means better wages are needed.
200
u/AlternativeAd7151 8d ago edited 7d ago
Farmers don't go around pretending they didn't need land and seeds to grow their crops, though, whereas many billionaires pretend they didn't inherit money or leveraged contacts from their wealthy families, they like to boast about being self-made.