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Reader Comments (Page 1 of 1)
9-20-2011 @ 8:07PM
Eirik said...
LOL... you echo my "reply to an early comment" rant. Money not spent is *effectively* removed from the economy.
The downside is that that money can be returned to the economy at will. So the case where the money really is removed from the economy is the compulsive gold-capper, who will not spend the money because holding the money is their goal.
But not everyone with a 5, 6, or even 7 digit bank account will "hold the gold regardless of temptation."