Now expand this same “hoarding” scenario to thousands and thousands of businesses, which have no more reason to trust this administration than individuals, and you have a cash-rich economy that is absolutely stalled. This isn’t a question of money or money supply (though Ben Bernanke hasn’t gotten that through his head yet). It’s entirely a matter of nobody trusting the idiots in charge. It’s an entire nation’s business “going Galt.”
Expand it even further. I am a business person. I will not invest in such a climate. Risk of destruction is too high in the instability he has injected. The amount of eroded capital his policies have injected is unprecedented.
In the meanwhile, we all pay more at the supermarket for this very reason. Its built into the prices. Now add a handful of monetary expansion through debt.......
Worst part? its is all intentional by the marxist in chief. Actually, dually, marxist -muslim.... wanting to bring America down.