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> Which makes it harder for households to hoard money. In other countries, we call this 'saving for retirement.'
by ShannonAlther 9y ago
> Which makes it harder for households to hoard money.
In other countries, we call this 'saving for retirement.'
- anindha 9y agoIt should read “hoard cash”, i.e. mattress money.
- seanmcdirmid 9y agoIf you are saving for retirement by hoarding cash and not investing it at least in bonds or the very least a savings account with some interest, you are doing it wrong, or you have breaking bad problems I’m not familiar with.
- Feniks 9y agoIn most countries you have to declare assets and pay tax over it.