Re:Robots Are Taking Over Oil Rigs
by robotresearcher on Tuesday January 24, 2017 @05:40PM
(#13476448)
Even cash deposits are held in banks and (a large fraction of the total held by any bank can be) loaned out into circulation.
If too much goes to salary than the investment stops making sense and the rich will hoard cash instead, but I don't think we're in that situation. Could that be why QE was pumping so much money into the economy with inflation staying low? I bet there are statistics about the amount of cash people and companies are hoarding now vs 50 years ago, but there's too many confounding variables for me to figure it out.