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Essay text:
This relates to the article at hand clearly and somehow it goes along side by side with what Shostak had discussed in his article.
The article discusses the concern of the Fed's Open Market Committee in year 2001 that consumers might boost their savings thereby weakening the economic expansion. Shostak goes further by stating that savings could be detrimental to the economy as it weakens the demand for goods and services. He also describes the how is the economy is a circular flow of money by giving several examples. He states that what one person spends is consider as earnings for another.
Shostak also asserts on the consumer's confidence in the role of saving...
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