posted 12 years ago
It is a puzzle . Our economy is based on conspicuous consumption. Ever growing levels of buying and selling. But the basic unit of the economy is the individual and the family. It seems that when the individual units of the economy turn to thrift and savings , the uberlords start crying out. If savings and thrift are good for the basic unit of the economy then who is it bad for ? Logically , if savings and thrift strengthen the basic unit then that economic strength would extend outward into the larger economy. Just not where the uberlords want that strength to extend - to them. The public cry is always jobs , jobs , jobs. If we stop spending then we create less jobs. However if I have saved and developed a pattern of thrift in my home , maybe I have less need of a second job or a second income by my spouse. Maybe I can spend more time raising a garden , animals , do-it -myself projects , helping a freind with theirs. We need to stop buying into this current model of economics , stop worrying about the flow of green outward to the uberlords accounts and worry about keeping that green circulating in a tighter circle - our own homes and local community .
For unlimited return on all your investments - Make your deposits at 'The Entangled Bank' !