Richard Murphy on Nostr: Saving in itself is merely negative The title of this video is a quote from William ...
Saving in itself is merely negative https://www.taxresearch.org.uk/Blog/2024/08/13/saving-in-itself-is-merely-negative/ The title of this video is a quote from William Beveridge, writing in 1944 in the report that became the foundation of the UK welfare state. He realised then, as we should do now, that too many savings in too few hands could be deeply destructive within an economy.