You can buy food with cash. That's my plan.
To: Citizen Zed
Yep. But it is a buying opportunity if you’re careful, too.
2 posted on
02/05/2016 1:11:00 AM PST by
Smokin' Joe
(How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
To: Citizen Zed
The money going into cash is staying in cash. There's no velocity to that money. It isn't generating interest income so except for the extremely well off it will never prepare folks for retirement and other future needs.
If there's a situation where a high percentage of those with disposable income feel forced to not spend it, how does the economy ever improve? Isn't the very definition of a middle class dependent on financial confidence? The most disturbing thing about those manipulating the economy either don't know the effects of the stuff they're doing, or even worse, the effects are their goals. Either possibility is damning.
3 posted on
02/05/2016 1:59:37 AM PST by
grania
To: Citizen Zed
Cash is king.
9 posted on
02/05/2016 4:18:29 AM PST by
Flick Lives
(One should not attend even the end of the world without a good breakfast. -- Heinlein)
To: Citizen Zed
As the Japanese know when banks begin imposing negative interest rates, real estate is a far more attractive place to park your money.
And real estate growth will likely stay ahead of inflation.
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