"Anything that we can do to raise personal savings is very much in the interest of this country"

This quote by Alan Greenspan stresses the importance of personal cost savings for the nation. He is recommending that any action taken to increase individual savings will be helpful for the country. This could include motivating people to conserve more of their earnings, offering rewards for conserving, or producing policies that make it easier for individuals to conserve. By increasing individual cost savings, individuals can build a monetary cushion for themselves and their households, which can assist them weather financial declines. Additionally, increased individual cost savings can help to promote the economy by supplying more capital for companies to invest in brand-new projects and produce jobs. Eventually, Alan Greenspan is recommending that anything that can be done to increase individual cost savings remains in the very best interest of the nation.