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by ShannonAlther 3139 days ago
> Which makes it harder for households to hoard money.

In other countries, we call this 'saving for retirement.'
3 comments
seanmcdirmid 3139 days ago
If you are saving for retirement by hoarding cash and not investing it at least in bonds or the very least a savings account with some interest, you are doing it wrong, or you have breaking bad problems I’m not familiar with.
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anindha 3139 days ago
It should read “hoard cash”, i.e. mattress money.
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Feniks 3139 days ago
In most countries you have to declare assets and pay tax over it.
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