The percentage of people's disposable income that they save instead of spending is the personal saving rate. It's calculated as the amount of income left after people spend money and pay taxes.
Somewhat similar, and longer lived, is the percentage rate of return on such savings, nearly indistinguishable from negative. And just the way the money system wants it.
Personal Saving Rate
ReplyDeleteDefinition from the BEA website:
The percentage of people's disposable income that they save instead of spending is the personal saving rate. It's calculated as the amount of income left after people spend money and pay taxes.
Somewhat similar, and longer lived, is the percentage rate of return on such savings,
ReplyDeletenearly indistinguishable from negative.
And just the way the money system wants it.