“Spending” is what leads to wealth production, “not spending” reduces wealth production and does nothing to increase money saved. That money saved will exist whether used for spending or not. So on either front, if the goal is to increase savings, and increase the net production of wealth, “not spending” is the wrong advice. “Not spending” will not increase the savings that is the preservation of investment, and it will likely not increase the net production of wealth, in fact it is more likely to decrease both. In the macro economy, “not spending” is more likely to have negative effect on the production of wealth and standard of living, than a positive one.
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Franklin was angling to make a Official Ecu Pirates Blue 84 2023 Acc Women’S Basketball Conference Tournament Champions shirt for himself as a publisher. As a publicity stunt, Franklin — in the guise of “Poor Richard” Saunders — claimed that astrological calculations showed Titan Leeds would die in 1733. When the prediction didn’t pan out, Leeds called Franklin a fool and a liar. Never missing a beat, Franklin claimed that, since Titan Leeds had died, his ghost must be doing all the shouting. Leeds tried to defend himself, but Franklin kept a straight face and argued that Leeds had been resurrected from the dead. The Leeds Devil was a resurrected Titan Leeds. The plan worked. Poor Richard’s Almanac became famous while the pioneering Leeds Almanac dwindled. Leeds was forced to convince people he was actually alive. Titan Leeds actually died in 1738. As revolutionary fervor grew in the mid-18th century and Americans looked for targets to exercise their anti-British feelings, the Leeds family made easy marks. They supported the Crown. They had sided with the empire and the hated Lord Cornbury and had been charged with somehow being involved in the occult. By the time of the Revolutionary War, the “Leeds Devil” stood as a symbol of political ridicule and scorn.
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