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.
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.
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.
Subscribe to:
Post Comments (Atom)
1 comment:
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!
Post a Comment