Savings vs. consumption; unemployment; and the US dollar
Posted on 14. Jan, 2012 by admin in James Turk
Watch the full 27-minute video at In this video Pedro Schwartz, professor of Economics at Madrid’s San Pablo University, and Alasdair Macleod of the GoldMoney Foundation, talk about savings and consumption. Schwartz talks about the connection between savings and investment, a point that is often overlooked in his view. There is no opposition between savings and consumption, as sa…
