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To: capitalist229
Americans are doing everything they can to weaken the dollar - unbridled consumption, no savings.

If we spend all our money on consuming and don't save, how is it we own more in per-capita assets than any other country? Also, if we don't save or invest, how does our net worth continue to increase so rapidly? It's more than doubled since 1995.

19 posted on 10/10/2006 7:26:44 AM PDT by Mase
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To: Mase

Asset inflation. i.e. housing and land prices.


49 posted on 10/10/2006 9:22:12 AM PDT by ItisaReligionofPeace
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