Monetary Policy

A Savings Lottery

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Comments (1)
  1. Anonymous says:

    Although a lottery ticket is not a necessity, it is another product that consumers are often willing to buy with their money. Just as consumers buy alcohol and cigarettes, they buy a lottery ticket. I do not think that there is a way to get consumers to start saving money by not buying lottery tickets because it is such a small portion of one’s income and the money will most likely be spent on something else. People have the right to choose what they spend their money on and how much they spend. They should not be rewarded for saving money because some people have higher necessity expenses than others.

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