Bill Beach

Type: Person
Name: Bill Beach


...of last year to a current 8 percent of personal income -- an unusual occurrence in a nation that typically spends more than it saves, he said. "my guess is that (savings rates) will continue to climb as people become worried about the future and want to have more money in the bank" Beach said. History has shown that deflation can be devastating

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Economists: deflation lurks around corner [Published Xinhua News Agency - Jun 19 2009]
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