He hoarded cash in good times, spent it in bad times and stayed frugal.
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It hoarded cash to weather hard times, said the banker, a winning tactic when the CEO is Jobs.
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Spending dropped faster than incomes last year as householders hoarded cash.
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Hoarded cash is a big problem for an economic recovery.
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Even where they have been making record profits, companies have hoarded their cash rather than pay more out in the form of higher wages, which have stagnated even as employment has increased.
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Like all hoarded investments, cash should be reassessed from a less emotional standpoint.
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Potential rallies will require a significant infusion of those hoarded piles of cash if they are to stand a ghost of a chance at success.
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Cash is increasingly being hoarded precisely because there is a growing shortage of it.
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Deflation became the mortal enemy as people removed their cash from banks and hoarded it.
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