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“Spending” is what leads to wealth production, “not spending” reduces wealth production and does nothing to increase money saved. That money saved will exist whether used for spending or not. So on either front, if the goal is to increase savings, and increase the net production of wealth, “not spending” is the wrong advice. “Not spending” will not increase the savings that is the preservation of investment, and it will likely not increase the net production of wealth, in fact it is more likely to decrease both. In the macro economy, “not spending” is more likely to have negative effect on the production of wealth and standard of living, than a positive one.
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No! It’s much too early for Donald Trump Ride Turkey Happy Thanksgiving Let’s Go Brandon T Shirt . I want to enjoy this fall (although it seems that fall has decided not to visit us this year) and each holiday as it comes. One year, ages ago, I put up the Christmas tree on Thanksgiving weekend and by the time Christmas came around, all the decorations were dusty and I was sick of looking at it..lol. That was a good lesson. Christmas, for me, is sparkling snow, pine trees (not maples turning gold and red) and a very special time, especially if you have family (cherish them because some day they will be gone). It’s a time of selflessness and love and that “Christmas spirit” which is incredible which takes hold of you.
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