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The decision not to have dinner today. However it not necessarily involves the decisionTo have dinner or purchase pair of boots in week or year later or in general To consume a certain thing during certain time. Thus, this certificate
Oppresses activity on preparation of a today's dinner, without stimulating at
It of preparation for any future certificate of consumption. It does not act as
Replacement of a current consumer demand with the future consumer demand -
It is a pure deduction from such demand. Besides, expectation of the future consumption
It is so strongly based on experience of present consumption that reduction Last depressive impact and on the future, most likely, will make
Consumption. As a result the certificate of savings not only will lower the price
Consumer goods, keeping in inviolability the limiting Efficiency of the existing capital, but can result actually and To its decrease. In this case it can reduce as the present investment Demand, and present consumer demand.
If the savings consisted not only in abstention from the present Consumption, but would act simultaneously as the certain order for The future consumption, the result could be absolutely other. Really,
In this case expected benefits from investments and resources would increase,
Liberated from maintenance of present consumption, could be paid
On the purpose of the future consumption. But even in this case used by the such
In the image resources not necessarily would be equal on volume to the liberated
To resources. Depending on an interval of desirable delay of consumption can To be required so inconvenient "roundabout" methods of production that them Efficiency will appear below current norm of percent. As a result of it The preliminary order for the future consumption will show the salutary Influence on employment not at once, and after a while, so that The direct effect of savings can be and harmful to employment. As That was, in a reality the individual decision to save up does not mean Any preliminary order for the future consumption, and only Cancellation of the current order. Thus, as accounts on the future Consumption are unique raison d'etre for employment, there is nothing Paradoxical in a conclusion that reduction of propensity to consumption Renders cet. par. Depressive influence on employment.
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