“Saving Glut and Low Real Interest Rate” : How this may impact your investment.
Saving: A Virtue or a Vice image credit to mentalfloss.com The habit of saving always being referred to as a form of “virtue “ in our life and also being encouraged by our parents or financial planner almost universally. Classical economists regarded saving as a virtue and the act of saving virtuous, because according to them, when an individual saves more by spending less on consumption goods, he accumulates a surplus. This surplus can be utilized in the interest of the economy as a whole in term of the investment.
