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Podcast: Economics Explained
Episode:

Can Saving Too Much Money Cause a Recession?
Category: Business
Duration: 00:13:43
Publish Date: 2020-07-18 04:02:24
Description:

People are told from the time they get their first job to save money.  Save for a car, have an emergency fund, send your kids to college, a house deposit, oh and not to mention retirement (if that is still a thing). There are a million things to save for and on an individual level, it is almost always a good idea.  So why is it then, that governments and businesses from around the world are so terrified of people saving money?
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