tag:blogger.com,1999:blog-8515247115132134144.post7401613062473008975..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: Real Personal Saving per CapitaStagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8515247115132134144.post-40806026438892820792012-06-29T20:45:56.833-07:002012-06-29T20:45:56.833-07:00Jazzbumpa,
I believe you are right. I also believ...Jazzbumpa,<br /><br />I believe you are right. I also believe your conclusions are right.<br /><br />And then there is income inequality. If one rich person saves a lot and a great many poorer people live paycheck to paycheck (at best) while attempting to somehow pay down their debts, is that really saving?Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-46682184589349232862012-06-29T20:42:21.849-07:002012-06-29T20:42:21.849-07:00Mr Slippery,
From your link...
And there is noth...Mr Slippery,<br /><br />From your link...<br /><br /><i>And there is nothing some central banks' printers can do about that.</i><br /><br />Go figure!Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-23106013629322617202012-06-29T20:09:23.171-07:002012-06-29T20:09:23.171-07:00Not certain about this, but I believe that delever...Not certain about this, but I believe that deleveraging counts as savings in this reckoning.<br /><br />Kinda makes accounting sense if debt is negative saving - but it looks as if people have been salting it away from '05 until recently. <br /><br />Somehow, I have a hard time believing that this really is a picture of actual savings.<br /><br />JzBJazzbumpahttps://www.blogger.com/profile/07337490817307473659noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-33229195945051117332012-06-29T19:22:45.807-07:002012-06-29T19:22:45.807-07:00On a person note, I've never saved as much as ...On a person note, I've never saved as much as I have over the last two years, and my savings will grow starting next month.<br /><br />If you are saving, you are not spending, and the smart ivory tower people at the Fed want more spending, not saving. Only bad people save and they must be punished.<br /><br />None of that really matters because of ... <a href="http://www.zerohedge.com/news/i-not-robot-why-rise-skynet-leads-automatic-unemployment-people" rel="nofollow">Robots!</a>.Mr Slipperynoreply@blogger.com