The central pillar of the Keynesian system is that spending drives the economy, so savings on a large scale will push the economy into recession. As Austrians know, that narrative is entirely false and fails to accurately explain how the economy works.
Opposing the Keynesian Illusion: Spending Does Not Drive the Economy
What’s your reaction?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0