John Maynard Keynes referred to the concept of propensity to consume. By this, he meant the fraction of current income used for spending. That part of the current income not spent is considered “saved”. Following this, for the purposes of this discussion, let us define the term “Consumption” to mean the amount of spending paid for out of current income. Well, the amount of spending “paid for out of money acquired in a previous time period” must exactly equal the amount of current income not used for spending, the part of current income that is saved.
I was in a department store once this was probably 10 years ago and I went to the ladies restroom I was sitting on the toilet and I had my head down and I heard a loud clanking sound and I looked up and a man had ripped my stall door open and was standing there touching himself I was so shocked I didn’t know what to do, I quickly dressed and got up off the toilet and he ran off and I called the police but they never caught the guy, that was very creepy