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pashamur | 4 years ago

It’s a real thing:

https://en.m.wikipedia.org/wiki/Paradox_of_thrift

You get ahead by saving, but everyone can’t do that all together or the economy collapses.

discuss

order

dnautics|4 years ago

It's a model that makes behavioral assumptions that are provably wrong. The fact that people buy computers despite prices going down contradicts the underlying assumption. There is nothing particularly special about computers among all goods.

fuzzfactor|4 years ago

Only collapse of the consumer economy, which in the first place should never be allowed to rise to enough significance to be much of a show-stopping collapse when it happens.