Income is DOWN over the past 5 years with prices of most things way up yet people are hoarding money?????
Perhaps in the Bizarro World.
The only ones hording money are the big banks.
Yep, what money?
What they mean is that people who have money are hoarding (previously known as “saving” back when sanity ruled our nation) it.
Who has money to hoard?
Not me...
Blame the little people.
The Fed, fiat money and politicized interest rates are the foundation of progressive nanny-state government.
In another time and place this would have been called “savings”, and was encouraged as a sound financial practice. No wonder these fools don’t recognize it.
Lets just say I hope common rocks become valuable because I do have a hoard of those.
Whatever, Americans don’t have money to hoard.
This is sick and twisted logic.
My penny jar is nearly full
Guilty, in a sense. I am keeping my spending to an absolute minimum for the past five years and the next three years. I’ll spend again when that evil, anti-American druggie is out of our White House and my spending will not help to fund his destruction of what used the the best hope for freedom on earth. I’ll spend aggressively once a decent person is inaugurated, but not until then. So, yes, I’m “hoarding” by their standards. I’m making my personal decisions for political reasons, and my decision is a firm “no”.
A second data point emerges. The first was a 5x increase in the 'fees' associated with renouncing citizenship. This is a small but significant erection of a financial Berlin Wall.
This second data point is the introduction of the concept that savers (and eventually, preppers) are 'hoarders' to be shamed and eventually raided.
The conversion of the United States to the Soviet States of America is progressing nicely.
The rubbish coming out is wrong in so many ways I just don’t know where to start.
What idiots. When hamburger is $4/# and gas is $3.50/gal., the Middle Class family is not hoarding but simply spending most of their money on basics. Add in the insurance and tax inflation, and there’s nothing left to” hoard.”
BTW it wasn't long ago that "economists" were wailing that growth required an increase in the savings rate. Savings, hoarding. WTF?
I guess “saving” is now known as “hoarding.”
people are hoarding money
nope it’s those CONSUMERS....../s
By calling accumulating savings “hoarding money” the feral government will be able to claim that it is helping the poor when it confiscates it.
I had a big bucket of coins. It was a big bucket.
Had it on my boat the night it sank.
I am not having very good luck with boats.