You're confusing savings (holding debts that someone else supposedly must pay, i... | Hacker News

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		Eliezer on July 4, 2009 \| parent \| context \| favorite \| on: Sweden Cuts Deposit Rate to Negative 0.25% You're confusing savings (holding debts that someone else supposedly must pay, in this case, central bank debt) with investment.

johnnybgoode on July 5, 2009 [–]

No, I'm not. Savings precede investment.

wlievens on July 6, 2009 | [–]

Yeah, you save up a good chunk of money before even starting to think about buying a house (through a mortgage).

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