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La Chanelphile

November 14, 2011

Karl Lagerfeld, Economist?

That Karl Lagerfeld is talented and immensely creative is unquestionable.  But maybe he should leave coming up with solutions for fixing an ailing economy to economists.  His idea to fix the economy? Compulsory shopping.  Believe me, I personally would love this but I’m not sure the people he’s talking about would.  WWD posed the question of how to fix the economy to several designers – here’s Karl Lagerfeld’s answer:

I think they should make a tax so that when you earn a certain amount of money, you have to spend a certain amount on shopping. To buy whatever….And that way, we create tons of jobs. I think it’s a good idea. What I hate is people with a lot of money who don’t spend it. Money is there to be spent, because it creates jobs….Believe me, it’s not a bad idea. You buy whatever it is; food, furniture, design, clothes, cars…whatever creates jobs.

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Filed under: Karl Lagerfeld — Tags: — La Chanelphile @ 10:36 pm

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