Comment: The rich definitely do under normal circumstances.

(See in situ)


The rich definitely do under normal circumstances.

However, right now investment is being crowded out by government spending, so people are hoarding cash more than they otherwise would in the absence of the government "crowding".

But we're past the point of no return now, so if the government pulls the plug on the spending, people will still hoard cash due to the Potemkin economic village collapsing, until the government and market respect and make room for private investment again.