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" Money that is deposited in a bank as savings is money taken away from consumption by people who are delaying the gratification that consumption could give them in order to gain more gratification in the future. "

Saifedean Ammous , The Bitcoin Standard: The Decentralized Alternative to Central Banking


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Saifedean Ammous quote : Money that is deposited in a bank as savings is money taken away from consumption by people who are delaying the gratification that consumption could give them in order to gain more gratification in the future.