Under the current system of
economic intervention, the proponents of intervention come to the bizarre
conclusion that savings is harmful. For example, Keynesian economics — a
variant of which underlies the predominant economic systems practiced worldwide
— demonizes people’s choice to save. Their forced incentives to diminish
savings is like force-feeding the squirrels this year only to find that their
essential cache for the future is completely gone, ultimately leading to
disaster.
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