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Saving Money is Bad for the Economy

iehi posted 3/28/2009 from hf-implode.com

" Last month the savings rate hit the 5 percent mark. That makes two months over 4 percent and for the first time in a decade that Americans have actually saved more than 4 percent for two consecutive months. Saved 4 percent of what? Of their personal income. You would think that most people ...

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