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I appreciate the distinction but I dont believe it changes the argument because wether ppl save to invest or consume it still means more potential investment because consumption also drives investment
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I appreciate the distinction but I dont believe it changes the argument because wether ppl save to invest or consume it still means more potential investment because consumption also drives investment
This is not the definition of saving that I would subscribe to.
You save = you plan to consume later.
If you plan to invest your money later, then this money is not savings, it's the cash part of your investment portfolio.