Interesting. I've not heard the "thrifty choices" argument. I'm also not used to seeing this as a discussion of Saving, as compared to a discussion of having enough money to have food and shelter.
I agree with your disagreement about the model, though I can see an element of truth, if I look back to old math classes and discussions about Limits: Given enough time, people who are good at saving are generally more able to retain their wealth, and people who are bad at saving are generally more likely to find themselves with less money or more debt.
Would your model include no income taxes for those with the lowest income, and potentially some way to bypass consumption tax for them as well?
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I agree with your disagreement about the model, though I can see an element of truth, if I look back to old math classes and discussions about Limits: Given enough time, people who are good at saving are generally more able to retain their wealth, and people who are bad at saving are generally more likely to find themselves with less money or more debt.
Would your model include no income taxes for those with the lowest income, and potentially some way to bypass consumption tax for them as well?
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