StanCollender'sCapitalGainsandGames Washington, Wall Street and Everything in Between



Idle Cash

03 Nov 2009
Posted by Bruce Bartlett

This article illustrates a point I tried to make in my last column, that the decline in the volocity money--its rate of turnover in the economy--is at the core of our economic problem. It's why I think that policies to stimulate spending are necessary to turn things around.

http://online.wsj.com/article/SB125712303877521763.html

idle cash and Japan

I would like to see a column comparing the US situation today to the Japanese situation in the 90's.





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