Friday, September 23, 2011

Greedy Cash-Hoarders? Nope. Try Again.

Barry's blog provides interesting information.  You don't have to agree with his opinions (lotsa people don't agree with mine) but the chart-porn is really good stuff.

While "cash" is, indeed, at a record high, "liquid/total" is pretty near its low, or at least the 1980-date average (eyeball spitballing there.)

It's not 'greed.'  It's prudent fiscal management.

1 comment:

Jim said...

Note that the chart excludes financial companies.

Beyond that, are we to be surprised that the "hoarders" are not investing their money in cash and cash-like instruments?

What a shock!