Fed Report Calls Consumers Who Save "Hoarders"Mark Melin
Banks and consumers have saved more money than at any point in the last five years, so why haven’t we seen a strong rise in gross domestic product statistics or even a significant boost in inflation? Consumers are “hording” money, says a new study by the St. Louis Federal Reserve.
Fed blames consumers for the low level of money movement
The white paper . . .
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