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RE: Underconsumption Is Bad For The Economy

in The MINIMALIST • 22 days ago

Savings is the foundation for real economic progress. "Underconsumption" strikes me as people trying to be trendy without a grasp of the real principles behind it. Saved wealth allows investment and insurance against hard times. I am 100% behind rejection of fast fashion in favor of durable, repairable garments. I support thrift stores, upcycling, and making do with less, but I am skeptical of any influencer trends and tiktok gurus.

22 days ago in The MINIMALIST by
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         22 days ago 

        Saved wealth allows investment and insurance against hard times

        That is definitely important, cause not gonna lie, the economy isn't looking great anywhere.

        I certainly hope this trend lasts longer with more people are awaken from mindless consumption and getting influenced by influencers to consume whatever that is. Where I am from, a lot of Gen Z are in debt, got into gambling along with is dozen problems following that. So, seeing a fresh new trends that advocates savings is certainly a breathe of a fresh air.

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