Is your saving more money hurting the overall macro economy? It is called the Paradox of Thrift. Well a number of economists have debated this question more intensely for the past 15 months. Below is an article I found on Consumerism Commentary. I feel the author explains the argument pretty well from both sides.
The Paradox [...]
Here is an interesting article posted by the author of the blog, “My Money Blog.” I feel it has a some important information that my effect some of our readers. See below:
“The House and Senate have reached an agreement on the American Recovery and Reinvestment Act of 2009, better known everywhere as “that [...]
The government is spending trillions of dollars and you are wondering, how this is going to help you? More than likely if you are paying your bills on time and didn’t over-extend your credit then you will not see any benefits.
The majority of this money is being used to fill the holes that have [...]