In Giant Misdirection, Americans Save More While Their Real Wealth Declines Faster

What a time for Americans to begin replenishing their savings accounts, at the exact time when they are likely to be penalized for doing so.

For the past 30 years Americans have been saving less and less money and only with the recent economic downturn beginning in 2008 did Americans begin to re-stock their savings accounts. The American consumer economy has benefited as Americans chose to spend rather than save.