Re:Rich Retirees Are Hoarding Cash Out of Fear
by megablast on Tuesday May 16, 2017 @07:52PM
(#14354403)
You have a very simplistic view of this.
This is looking at why people are living more frugally? If people want to buy less/travel less, then that is no problem. If they are doing it because they are worried about the future, that is a problem.
Spending has an effect on not just those people, but on all of society when it happens at a large enough level. And it is one of the common way to pass money from old to young.
This is looking at why people are living more frugally? If people want to buy less/travel less, then that is no problem. If they are doing it because they are worried about the future, that is a problem.
Spending has an effect on not just those people, but on all of society when it happens at a large enough level. And it is one of the common way to pass money from old to young.