“Savings and investment are indissolubly linked. It is impossible to encourage one and discourage the other.”

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Meaning

The quote says saving and investing are closely connected, so policies or habits that push people to save will also affect investment. It also argues that you cannot support saving while trying to suppress investment, because the two move together.

When It Was Said

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Who It Was Said To

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Historical Context

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Source

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Original Language & Translation

Originally said in English.

Did They Really Say It?

Attributed to Murray Rothbard, but Wikiquote lists no source for it.

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About Murray Rothbard

American economist and political theorist

Murray Newton Rothbard was an American economist, economic historian, political theorist, and activist. He was a major figure in 20th-century American libertarianism and a founder and leading thinker of anarcho-capitalism. He wrote more than twenty books on political theory, history, economics, and related subjects. His work placed him at the center of debates over liberty, markets, and the role of the state.

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