'Nation of Savers' Will Hurt Recovery, Fed Official Says

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9 votes

Posted By: Will Barnard, over 2 years ago (Report Spam)
Category: Economy / Type: News
Source: mortgagenewsdaily.com

Echoing comments from Federal Reserve Chairman Ben Bernanke on Wednesday, Clevelandâ€™s regional Fed President Sandra Pianalto said economic recovery could be slower than expected.

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At 06:50PM on June 07, 2009 - Shana Gray said...

if you invest, you're both spending and saving. so buy investments then. lol!!!

At 06:38PM on June 07, 2009 - Harrison Painter said...

But wasn't it the spending of too much money we did not have what caused all of this?

At 12:02PM on June 07, 2009 - Tony Severino said...

I saw that... so now we should not save our money, buy.... spend, spend, spend!!!!

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'Nation of Savers' Will Hurt Recovery, Fed Official Says

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