Spending vs Saving

This spending vs saving narrative is one of the major differences between Keynesian and Austrian economics. Keynesian logic is that people in a nation shouldn't be "savers". They should be out spending money - driving the economy. It's your duty to spend and not save. Austrians think that savings is an important component of any healthy economy. Of course these concepts are at cross-purposes. Let's dig in!!News and Links350 Scam Tokens a Day!! - Solution - Buy BitcoinUS Personal Savings Rates Data Since 1959Argentina Inflation Rate Hits 90%Danske Bank Pays Two Billion Dollar Settlement for Money Laundering ChargesThe Digital Asset Anti Money-Laundering ActEight Social Media Influencers Charged by SEC with Stock Manipulation SchemeTokyo Power Company Mining Bitcoin with Excess PowerPodcasting 2.0 Apps Available at http://newpodcastapps.com/I can be reached by email at [email protected] and on twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. Looking forward to hearing from you!Websitehttps://genwealthcrypto.comMusic CreditsProtofunk by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/4247-protofunkLicense: https://filmmusic.io/standard-licenseThe following music was used for this media project:Music: Carol Of The Bells [Metal Version] by Alexander NakaradaFree download: https://filmmusic.io/song/7138-carol-of-the-bells-metal-versionLicense (CC BY 4.0): https://filmmusic.io/standard-licenseArtist website: https://www.serpentsoundstudios.com/Website https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info I can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. Looking forward to hearing from you!