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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (19145)8/4/1998 9:55:00 AM
From: Raj  Read Replies (1) of 50167
 
>>Returnless saving encourages saving-- WHEREAS higher returns on savings encourages spending <<
Interesting observation! On spending: if consumers are not inclined to spend, then the government ought to do it for them....borrow the money that people save....maybe they should raise the interest rate to attract capital inflows with the objective of spending...will be good for Yen too.
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