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Loss of Confidence: Currency Hoarding and the Crash in Homeowner Equity
Confounded Interest ^ | 12/23/2012 | Anthony B. Sanders

Posted on 12/23/2012 9:19:58 AM PST by whitedog57

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To: FreeReign
"Logical fallacy?"

Sounds like I hit a bullseye, and you don't like it.

21 posted on 12/23/2012 1:05:49 PM PST by E. Pluribus Unum ("Democracy is indispensable to socialism. The goal of socialism is communism." --Vladimir Lenin)
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To: slowhandluke
More money is being put into cash accounts (and gold). Less money is being invested in stocks, businesses...etc.

People are afraid to invest.

Call it what you want.

22 posted on 12/23/2012 1:09:48 PM PST by FreeReign
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To: E. Pluribus Unum

LOL!

Your logical fallacies keep coming.


23 posted on 12/23/2012 1:13:34 PM PST by FreeReign
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To: FreeReign

They seem to be your middle name.


24 posted on 12/23/2012 2:30:15 PM PST by E. Pluribus Unum ("Democracy is indispensable to socialism. The goal of socialism is communism." --Vladimir Lenin)
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To: FreeReign
More money is being put into cash accounts (and gold). Less money is being invested in stocks, businesses...etc. People are afraid to invest.

Call it what you want.

I'd call it theft by government. It's perfectly understandable to keep a higher cash balance, but it's futile. The dollar is melting under our proverbial feet. Some of your cash balance should be gold.

Yes, it'll go up and then it'll go down. But it's a much better place to park some cash than dollars in the local bank.

25 posted on 12/23/2012 4:30:02 PM PST by BfloGuy (Workers and consumers are, of course, identical.)
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