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 Links

350 Scam Tokens a Day!! - Solution - Buy Bitcoin

US Personal Savings Rates Data Since 1959

Argentina Inflation Rate Hits 90%

Danske Bank Pays Two Billion Dollar Settlement for Money Laundering Charges

The Digital Asset Anti Money-Laundering Act

Eight Social Media Influencers Charged by SEC with Stock Manipulation Scheme

Tokyo Power Company Mining Bitcoin with Excess Power

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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!

Website

https://genwealthcrypto.com

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk

License: https://filmmusic.io/standard-license

The following music was used for this media project:

Music: Carol Of The Bells [Metal Version] by Alexander Nakarada

Free download: https://filmmusic.io/song/7138-carol-of-the-bells-metal-version

License (CC BY 4.0): https://filmmusic.io/standard-license

Artist 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!