Ask any economist whether an economy that saves and invests is better than one that borrows cheap and spends. The reply will be that while both will show a good rate of growth for a temporary period. However, the former's growth model will be more sustainable. Also without any debt burden the 'saving economy' will remain fundamentally robust.
Interest rate minus CPI Inflation should always be positive , more the difference the better it is so as to promote savings among people.
Interest rate minus CPI Inflation should always be positive , more the difference the better it is so as to promote savings among people.
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