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Guess what, everybody — we’re ruining the economy by saving too much. Or as it’s called now, “hoarding cash.”
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It wasn’t that long ago that the financial pundits were railing against Americans’ crazed-weasel-on-meth spending habits, pointing out that a significant chunk of the population would be in trouble if faced with a $400 emergency:
So which is it: Are we or aren’t we supposed to buy avocado toast to save the economy?
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