Federal Reserve Officials: Americans Are Saving Too Much Money..
Friday, December 17th, 2010 at
….So We Need To Purposely Generate More Inflation To Get Them Spending Again and stop Saving
This can’t be true… can it? I better stop Savings for the increased cost of living coming soon, and consume now. Following that line of reason, I would soon be like the Federal Government, spending more than coming in, cause I don’t see wages Skyrocketing.
I listened to Panel of supposed Economists saying “We need to encourage those savings accounts to be spent into Circulation”.
I think it is backwards. The Government, rapidly becoming the largest , non-productive, consumer of Gross National Product, should stop SPENDING and and then watch their Revenues FLOW.
Tagged with: bizarre • Economic • federal reserve • Inflation • Money supply • officials • proposal • saving • Savings account
Filed under: Freedom Fight
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