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“Banks Promise Loans But Hoard Cash” http://www.forbes.com/2009/02/03/banking-federal-reserve-business-wall-street-0203_loans.html http://www.forbes.com/2009/0
by maaku 14y ago
“Banks Promise Loans But Hoard Cash”
http://www.forbes.com/2009/02/03/banking-federal-reserve-business-wall-street-0203_loans.html http://www.forbes.com/2009/02/03/banking-federal-reserve-bus...
“Firms' Cash Hoarding Stunts Europe”
http://online.wsj.com/article/SB10001424052702304724404577297610717362138.html http://online.wsj.com/article/SB1000142405270230472440457729...
- runeks 14y agoI think you are missing the positive sides of money-hoarding. Whenever someone doesn't spend the money that person has earned, she saves resources for someone else to use (because she doesn't consume them). This increases the availability of resources in an economy, arguably a good thing, right?