Opposite. Ask any major company or financial institution if they are saving or investing.
Now go down to Venezuela and watch how everyone is hoarding..saving something.
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Opposite. Ask any major company or financial institution if they are saving or investing.
Now go down to Venezuela and watch how everyone is hoarding..saving something.
Every major company (or any company for that matter)or financial institution saves part of their profits for investment. If they don't , they are not in business for very long.
In Venezuela, the government is hyperinflating the currency, thereby destroying everyone's savings. You can see the result.
You either invest or save. This is what everybody does after paying for expenses.
Nobody has any savings in Venezuela. They are worth practically nothing. hence why they are saving commodities that are worth more. It is speculated than burning money is cheaper than buying firewood.
And you can see what happens when saving money is useless. It is chaos.
it's always chaos my friend. what is chaos for the fly is order for the spider. depends from which seat you are looking at things.
What , are you an ancient Greek philosopher? All is not chaos.
read this
https://steemit.com/life/@kyriacos/order-is-but-an-illusion-chaos-is-all-there-is
I will have to disagree with that woo woo also. There is such a thing as order, it is very real. Order is allowing us to converse perhaps from opposite sides of our world. What looks like an orderly conversation from my perspective, looks like an orderly conversation from your perspective. And it is all possible because of our rather astonishing ability to harness reality and order it according to our will.