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Fed: US consumers have decided to 'hoard money'
Yahoo Finance ^

Posted on 09/02/2014 6:02:44 PM PDT by Red in Blue PA

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To: Red in Blue PA

“Hoarding money” ?

Isn’t that just saving money?

And who says there is no inflation? I just spent $2.00 on a 1.5 oz. Hershey bar.


101 posted on 09/02/2014 8:35:50 PM PDT by Born to Conserve
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To: Dogbert41

“Another little “factoid” came out recently: Most Americans would have to sell something or get a loan if they had to come up with $400.”


I remember when I first read that I didn’t believe it-——but found out it was closer to the truth than I
thought.

I was quite surprised when I read some of the comments.

.


102 posted on 09/02/2014 8:40:01 PM PDT by Mears
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To: Born to Conserve

On sale at HEB for a buck! The bigger ones.


103 posted on 09/02/2014 8:40:29 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: Red in Blue PA

Well it is one thing to say it, another on the facts. What is the average amount money hoarded by people over the last 15 years?


104 posted on 09/02/2014 8:55:03 PM PDT by ForYourChildren (Christian Education [ RomanRoadsMedia.com - a Classical Christian Approach to Homeschool])
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To: Red in Blue PA

Being future oriented is racist according to the left, so savings had to be labeled negatively. Voila, it’s hoarding money.


105 posted on 09/02/2014 8:55:12 PM PDT by RegulatorCountry
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To: upchuck

I think you and several others have hit upon something that is a significant factor, though surely not the only factor:

A great many people have purchased firearms and stocked up on ammunition, instead of putting that money in the bank, or spending it on typical consumer items (new stereo, etc.). Guns and ammo are not exactly cheap commodities, anymore. I would suspect that firearms and ammo are NOT factored into the Cost of Living Index in a real world fashion, if, indeed, at all.


106 posted on 09/02/2014 10:56:31 PM PDT by Paul R. (Leftists desire to control everything; In the end they invariably control nothing worth a damn.)
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Comment #107 Removed by Moderator

To: Red in Blue PA

If it wasn’t for those damned consumers Obamanomics would be a roaring success. Bunch of racists!


108 posted on 09/03/2014 3:43:32 AM PDT by Organic Panic
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To: MNDude

Proud consumer hoarder of my money to hurt Onamas economy since Nibember, 2008.

Yes, I say that with pride.


109 posted on 09/03/2014 8:28:07 AM PDT by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Red in Blue PA
Translation: The Rich aren't spending their fair share (so we should confiscate it).

110 posted on 09/04/2014 7:17:44 AM PDT by BitWielder1 (Corporate Profits are better than Government Waste)
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To: tcrlaf

“have seriously been considering leaving the country”

I recommend the Scot-Irish Appalachians area. Homesteads are under $50000. Much under if you’re able to do some work.


111 posted on 09/06/2014 9:12:08 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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