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To: Jim from C-Town

Yes if you click on the link, then go to the homepage of the site, (closing multiple spam pop=ups along the way) you can see the article on the main page.

The article is referring to the spending habits of people who have money to spend, and those people are spending less than they were before the crisis. This is called hoarding, and the “journalist” from the Canadian site is presuming that this is a pejorative value-laden term, which it is not.

The St. Louis Fed are good guys, and it is worth going to their site to see the actual study, rather than the mangled screed these Canucks have written about it.


36 posted on 09/04/2014 8:55:17 AM PDT by babble-on
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To: babble-on

Work for the St. Louis Federal Reserve do ya?


51 posted on 09/04/2014 4:08:24 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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To: babble-on
Gee, you sold the idea of looking for the article so well, I decided not to care enough about another BS article about another BS study from a Quasi-government monopoly.

The Federal Reserve of St. Louis is no different than that of Dallas, Cleveland, or San Francisco a bunch of seat filling bureaucrats that have no more knowledge about the economy or the concept of how a market operates than your average Obama drone and a damn sight less than your average Obama crack dealer.

52 posted on 09/04/2014 4:26:27 PM PDT by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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