2 ms·
yes, after many years of negative real savings we are now trying to make up for it with positive real savings. but because the years of negative savings eventu
by nazgulnarsil 18y ago
yes, after many years of negative real savings we are now trying to make up for it with positive real savings. but because the years of negative savings eventually caused the loan bubble to pop now banks are doing the same thing, saving cash instead of investing it.
banks aggravate the business cycle instead of dampen it.