Posted on 09/04/2014 7:56:02 AM PDT by Sean_Anthony
Investing money in or starting small businesses-- Backbone of America
In a moment of recent hand-wringing, the Fed examined the question of why inflation has stayed extremely low in the United States despite all the efforts of quantitative easing money pumping. Their answer: American consumers are mainly to blame.
Yes indeed. In a paper released this week by the St. Louis Federal Reserve, the Fed cites “low level of money movement in large part on consumers and their “willingness to hoard money.”. To be fair, the paper also criticized its own policies as well, suggesting that the has they have “reinforced the recession” with their “excessively low interest rate policy”.
However, “hoarding money” is seen as the main culprit and attributable to two factors:
A (gloomy) economy after the financial crisis.
(Excerpt) Read more at canadafreepress.com ...
Complete bull$h!t. What an a$$hole!
The reason is that 0 has destroyed the productivity of this country. No other reason.
hoarded money should go to Obama and His Criminal Organization ?
The only solution is to SEIZE it!
FEMA occupy corps, ho!
I think the biggest problem is that our “economists” today think an economy grow by spending and consumption, not by savings and production
Given the weight of governmental taxation and regulation costs, very soon starting a small business will no longer be worth the risk under any circumstances.
“American consumers are mainly to blame.”
Y’all can blame me. I refuse to spend a dime more than I need to for just the basics, these days. Extra cash is going to pay off my farm, stockpiling ammo (when I can find it) and various other ‘nefarious’ (un-American? LOL!) survival strategies.
Between taxes and the increased cost of healthcare insurance, food, gasoline, etc. I find it extremely difficult to hoard money. If you put it in a savings account, you’re losing money.
More Keynesian economics voodoo.
It’s actually a perfectly reasonable study, and the St. Louis Fed is NOT making a value judgment about “hoarding”. In fact, to the contrary, they are pointing out many reasons it is reasonable in light of the recent history.
This article is stupid.
It’s actually a perfectly reasonable study, and the St. Louis Fed is NOT making a value judgment about “hoarding”. In fact, to the contrary, they are pointing out many reasons it is reasonable in light of the recent history.
This article is stupid.
It could be that people just don’t have any money to spend.
Wish I could remember where I put my hoard of money.
The economy is “gloomy” because the fascists have burdened the PRIVATE SECTOR job producers with excessive, non-value added, regulation and taxes.
Private Sector job producers are the ONLY ones that matter, because they provide goods and services demanded by consumers, which is the primary determination of “value added”.
There’s a group in power that is actively seeking to destroy the American way of life,
and they wonder why people fearfully are taking steps to protect themselves?
Must be a bunch of racists, y’all.
Hoard money? Hoard Money???
Who has money to hoard?
The average American is doing the best they can
just to stay afloat, and they ARE NOT stuffing it
in mattresses waiting for a better day.
Oh Lord, release us from the bonds of progressive
oppression, let us thrive for our progeny. Amen.
Weren’t we ridiculed because we had less money in savings than say Japan? Now they’re saying we should be irresponsible and spend every penny we earn?
A great many Conservatives are sticking to their pledge to strictly limit all discretionary spending until “O” is gone!!
P E R I O D!!
The Federal Flows of Funds report says otherwise. People are broke again.
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