““the only way in which a whole country may save is by reducing its consumption. Consumption is therefore the destruction of wealth, whereas savings makes it possible to multiply it. Let us take a similar example to that given by the great Austrian economist, Eugen von Böhm-Bawerk, to illustrate how underconsumption —savings— is what permits the formation of the so-called “capital goods”, which are so necessary to increase productivity as well as future consumption.[12]””
