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This question of whether an individual does or should feel guilty for saving seems to me to be incredibly wrong and illogical, if the desire is to build a strong, healthy economy and society over the long term.
The question implies that saving damages the economy. The only economy that is damaged by saving, thinking ahead, spending responsibly, and using resources responsibly is an economy that is already sick, and perhaps morbidly so.
If, as a society, we have any care about what we will throw into the laps of the children who come after us, we will let this spend-like-there's-no-tomorrow economy die a very natural death. For those of us who created this particular economy, it will be painful and it will hurt. But if we really care and if we have any logical sense of guilt and remorse, we'll hunker down and take our punches and do our best to create a more sustainable economy going forward.
posted 3 years, 10 months ago
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