I know a balance is needed. But it’s always stressed how you need to save. Isn’t saving taking away from someone else though? Isn’t spending in many cases giving a working class person a job? If you eat out, buy clothes, get a massage even go to a casino, people are getting paid to do those jobs. If everyone saved then what?
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In terms of benefitting the local community yes, spending localy is always better. Specifically when you’re spending money on local businesses and industry. The way you create a thriving local economy is by having more money flowing in than money flowing out. So businesses like walmart will have more money flowing out of the community than in, whereas smaller businesses will have more of that money staying in the community. That’s the problem with globalism. It extracts wealth from local communities and consolidates it elsewhere, which reduces the community’s buying power as a whole.
So it isn’t so much about how much about how much money you do or don’t save, its about where you spend that money. Local is always better, even if its more expensive.
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