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Old 10-06-2006, 11:30 AM
thekid thekid is offline
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Default Re: Frugality and the economic system: do they agree?

Quote:
Originally Posted by Bookie
Good point.

The negative impact of a thoughless and irresponsible frugality on capitalism's fragile structures should be a concern to all. A consumerist economy can ill afford to shoulder the burden of slackers who would divert financial surpluses to the accumulation of capital and real property assets. Neither can the financial credit system function effectively while being undermined by the reactionary recourse to cash as an alternative to escalating levels of household indebtedness.
hehe....you talk funny But I agree, don't tell other people to be frugal.
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