3 ms·
This is the first time I've heard that the reason Americans aren't saving money is because of their confidence in the USD. Typically the reasons are that they c
by komali2 7y ago
This is the first time I've heard that the reason Americans aren't saving money is because of their confidence in the USD. Typically the reasons are that they can't afford their healthcare or housing costs, or are just financially illiterate.
If I wasn't confident in my currency, why would I save in it? The collapse of my government destroys my investment at the same time.
- hollerith 7y agoI refer not to confidence in the currency, but rather confidence in their ability to remain employed.