When I hear a statist, keynesian economist talking about how people from all walks of life shouldn't save their money and how they should spend their paychecks completely, I think of natural disasters, economic collapses or other personal crises and how people will be running towards the government for assistance. Instead of using their own means to recover, they will depend on a higher power to get back up again.
To me, the whole notion of not saving money is very authoritarian. To say people shouldn't prepare and save is like saying every man is the government's bitch and your survival is dependent on their ability to bring you up again. It implies the government can never fail, which is clearly wrong.
Just my 2 cents.
As for the effectiveness of depending on the government when shit happens, that's an entirely different debate that could be discussed here.
My point is hoarding has its purpose: Stored wealth is supposed to be your safety net when times are bad. At the very least, it's mine. I don't think of going on welfare or to the food bank when I lose my job among other things. I think of my own Plan B. I believe you should consider doing the same.
I very much agree. It's time people wake up and take responsibility for themselves and their own financial situations. To me, the whole notion of not saving money is very authoritarian. To say people shouldn't prepare and save is like saying every man is the government's bitch and your survival is dependent on their ability to bring you up again. It implies the government can never fail, which is clearly wrong.
Just my 2 cents.
As for the effectiveness of depending on the government when shit happens, that's an entirely different debate that could be discussed here.
My point is hoarding has its purpose: Stored wealth is supposed to be your safety net when times are bad. At the very least, it's mine. I don't think of going on welfare or to the food bank when I lose my job among other things. I think of my own Plan B. I believe you should consider doing the same.
