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.
Note that the chart excludes financial companies.
ReplyDeleteBeyond that, are we to be surprised that the "hoarders" are not investing their money in cash and cash-like instruments?
What a shock!