Exlpain How Higher Savings Leads To A Higher Standard Of Living. What Might Deter A Policymaker From Trying To?

this is what i got so far…. but its still so unclear…. High savings lead to a higher standard of living if the economy saved more, the nations saving rate would increase and the pool of capital available for investment would produce better goods and services. More capital diminished goods end product is the law of diminishing returns.

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2 Responses to Exlpain How Higher Savings Leads To A Higher Standard Of Living. What Might Deter A Policymaker From Trying To?

  1. Federal Farmer says:
    June 1, 2009 at 9:58 pm

    I’m not sure I can fully answer your question, but people who save are hit hardest by inflation. The documentary below really helped me to understand economics and how the world really works, I hope it will help you.
    If you come here truly seeking greater knowledge and understanding of how the world works you owe it to yourself and future generations to watch the following documentary that was created and supported by some of the worlds best economists.
    Please take time to learn the hidden story about the money in your pocket.
    This is the most informative, entertaining, and factual video on economics you can watch.
    THE MONEY MASTERShttp://video.google.com/videoplay?docid=…
    This documentary has been endorsed by:
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    G. Edward Griffin…………. Author: The Creature from Jekyll Island
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    I believe our system has gotten so far off track that anything short of a full monetary reform act is only putting a Band-Aid on a terminal hemorrhage.
    Please read and tell your congressman to support this monetary reform act.http://www.themoneymasters.com/printable...
    “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
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    “Their secret is that they have annexed from governments, monarchies, and republics the power to create the world’s money…”.
    - Prof. Carroll Quigley
    “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations that will grow up around them will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
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  2. tatertar says:
    June 2, 2009 at 1:02 am

    I save money by reusing my toilet paper.