A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output.
“So, I'm happy to do that because it's a wonderful working relationship but I will be going out for pilot season for half hour work and that's the gamble I'm taking.”
“Work? I never worked a day in my life. I always loved what I was doing, had a passion for it.”