The Fed: Economy is Gloomy because Americans are "Hoarding Money"

Investing money in or starting small businesses-- Backbone of America

By Alan Joel —— Bio and Archives--September 4, 2014

American Politics, News | Comments | Back To Full Article

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In a moment of recent hand-wringing, the Fed examined the question of why inflation has stayed extremely low in the United States despite all the efforts of quantitative easing money pumping. Their answer: American consumers are mainly to blame.

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