With news that the personal savings rate in the US hit record levels today, below we provide a historical chart of the indicator along with a chart of the personal savings rate as a percentage of disposable income
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If savings rise, and no one invests those savings because they are afraid. Is it possible that the $ will not inflate as much as some may have us believe; everyone will be hoarding the currency? Is this in fact dollar bullish?
Posted by: Ted | March 05, 2009 at 08:08 PM