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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
Very Keynesian view of the economy. Saving is “hoarding.”
Back to the old “paradox of thrift.”
To: Red in Blue PA
Damn evil consumers, always doing their best to hurt Obama’s economy.
62
posted on
09/02/2014 6:35:37 PM PDT
by
MNDude
To: Red in Blue PA
Wonder what amount is considered “hoarding?” $10, $100, $5000? People cannot “hoard” much. Maybe enough to miss one paycheck, if that.
Idiots.
To: Red in Blue PA
when people save but the fed doesn’t like it they call it hoarding.
people are saving because of the disastrous economy obamacommie has brought us.
64
posted on
09/02/2014 6:38:25 PM PDT
by
Secret Agent Man
( Gone Galt; Not averse to Going Bronson.)
To: Red in Blue PA
Saving or conserving is now ‘hoarding’?
We peons are being very bad, not consuming as much as the economists would like. Naughty, naughty, naughty.
65
posted on
09/02/2014 6:38:25 PM PDT
by
Lorianne
(fedgov, taxporkmoney)
To: Red in Blue PA
If they are hoarding money, it will be worth zip by the time the Fed is done.
66
posted on
09/02/2014 6:39:14 PM PDT
by
stevem
To: Pollster1
if we get some gop-e chamber of commerce rino in you’ll have to keep hoarding. no effing difference. neither give a sh1t about us.
67
posted on
09/02/2014 6:42:46 PM PDT
by
Secret Agent Man
( Gone Galt; Not averse to Going Bronson.)
To: Bryanw92
I was just thinking this. ‘Hoarding’ meaning ‘saving’ is that their idea of what is going on. Sounds rather hostile, meanwhile didn’t they say people are not saving for their future, should be saving.
What a crock these guys are.
68
posted on
09/02/2014 6:42:55 PM PDT
by
Beowulf9
To: Red in Blue PA
Wow... Just wow. Even with extra money after bills to save
hoard[bizarro-obama-land-edit] whose to guarantee I'll have enough for next month's rent let alone a job? My only guarantee for what I'll have for myself and my family is in my hands, bank and matress. Sorry, Jack, don't want your welfare nor food stamps, go shop for votes elsewhere.
69
posted on
09/02/2014 6:44:48 PM PDT
by
John Robinson
(HTML::Parse: Skipping unknown tag sarcasm)
To: Red in Blue PA
Never fear the first of the month consumer spending corrective action wealth redistribution social justice program is fuxing the pwoblem don’t cha no. Mother’s day money spends easy.
70
posted on
09/02/2014 6:45:31 PM PDT
by
Recompennation
(Constitutional protection for all not ju st selectively for Democrats.)
To: RetiredTexasVet
If you have more than a five day supply of *anything*, including savings (money), you are not only a hoarder, you are a probable enemy of the state.
The truth as sarcasm.
71
posted on
09/02/2014 6:46:26 PM PDT
by
ChildOfThe60s
((If you can remember the 60s.....you weren't really there)
To: Red in Blue PA
anyone holding cash... with an savings account paying interest of 0.5% at best... is an idiot. Inflation exists... and you arehaving your savings stolen by the Fed as they devalue the currency.
72
posted on
09/02/2014 6:46:41 PM PDT
by
Rodamala
To: Beowulf9
I said it years ago. Buying precious metals (PM) is the peons way of saying no confidence in gummint. It pisses them off. No one saves Fed Res Notes.
73
posted on
09/02/2014 6:49:19 PM PDT
by
wastoute
(Government cannot redistribute wealth. Government can only redistribute poverty.)
To: Red in Blue PA
Baby boomers are retiring.
74
posted on
09/02/2014 6:50:32 PM PDT
by
Raycpa
To: OpusatFR
The only ones hording money are the big banks.The regs are forcing them to sit on piles of cash.
FEAR the day when those regs are relaxed-- I'm putting my money on late November, 2016.
75
posted on
09/02/2014 6:51:19 PM PDT
by
IncPen
(None of this would be happening if John Boehner were alive...)
To: Red in Blue PA
The Fed is paying banks to hoard money in order to offset massive QE programs.
To: Lorianne
"We peons are being very bad, not consuming as much as the economists would like. Naughty, naughty, naughty. Makes me think of this Christmas parody from Econstories.tv. https://www.youtube.com/watch?v=7uKnd6IEiO0 If this was a real product, I'd buy a few. My HS economics (communism) teacher would have a heart attack. She would have probably done the same if I toted Atlas Shrugged around in school. If I had understood the book and Ayn Rand, I would have.
77
posted on
09/02/2014 7:06:56 PM PDT
by
wally_bert
(There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.q)
To: Red in Blue PA
In the universe that the Fed exists in, giving money to the rich to invest in stocks boosts consumer spending by the poor and the middle class.
78
posted on
09/02/2014 7:07:35 PM PDT
by
freedomfiter2
(Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
To: VAFreedom
I hear you, “hoarding” indeed.
79
posted on
09/02/2014 7:08:17 PM PDT
by
jiggyboy
To: Red in Blue PA
Hoard rare stamps, rare books, rare documents, rare BB cards and similar items. Make copies of authenticity documents and store them somewhere else. At least at this time, if you want to retain physical possession of a store of value, and you want to get through a checkpoint, survive a vehicle search or SWAT raid, or get out of the country inconspicuously this could be the best option. Moreover, the fact that value is concealed and easily portable makes these items more valuable. How many TSA agents know the difference in price between a Scott # 75 and #76 Jefferson 5 cent 1861?
PMs, jewels, cash, big works of art are too obvious.
80
posted on
09/02/2014 7:09:12 PM PDT
by
grumpygresh
(Democrats delenda est. New US economy: Fascism on top, Socialism on the bottom.)
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