What Happens When Everyone Saves at Once
About this video
Saving feels responsible. When everyone does it at once, shops empty of customers, firms cut jobs, and the banking system loses the deposits-and-loans loop it depends on. Economists call it the paradox of thrift. This is the mechanics of a collective good habit turning into a demand shock — not a lecture against saving, just why the aggregate story differs from the household story. Educational economics. #paradoxofthrift #banking #economics
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