Wealth and Income Appendix
{ Posted on Jan 27 2012 by Jazzbumpa }
In this post, earlier today, I forgot to link to this article over at Naked Capitalism.
The salient point is, that specifically for investors, spending is related exclusively to income, never to wealth.
It goes on to posit that QE and monetary policy are killing demand.
As Steve would say, "Go read it."
The salient point is, that specifically for investors, spending is related exclusively to income, never to wealth.
It goes on to posit that QE and monetary policy are killing demand.
As Steve would say, "Go read it."
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