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.
“I was fed up with not being able to play a movie the way I wanted to play it.”
“I'd had people say, 'You'll enjoy being famous for a week, and you'll never enjoy it again'. But I don't think I had that week. I may have been working and missed that moment.”