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Money you spend quickly, but good advice you keep forever.
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High inflation encouraged people to borrow heavily and spend quickly; it discouraged long-term planning and investment, and corporate profits fell sharply.
Martin Feldstein said the other day, spend quickly.
Unfortunately $1 million is spent quickly, especially in the startup mecca of Silicon Valley, and market conditions, over which you have no control, can whipsaw valuations.
Some money will not be spent quickly?
Unlike some other economic stimuli, these benefits tend to get spent quickly on consumer goods.
Spending cuts hit consumption hard, depriving the economy of money that would otherwise be spent quickly.
DEC says that because of the nature of the crisis and the shortage of funds, the money is being spent quickly.
"A great deal of money will be spent quickly on the transit system, and that will affect what else happens.
As Congress considers an $800 billion package of tax cuts and spending plans, policy makers said that the most effective stimulus was money that would be spent quickly.
Tax rebates to low-income families and unemployment payments to laid-off workers will be spent quickly, not saved, helping to short-circuit the recessionary spiral.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com