Does a credit based society discourage saving and raise prices for those who are willing to save?

1 Answer

Answer :

Yes. Since the recession, American savings rates have increased for the first time in many years.

Related questions

Description : What are some things worth saving money for?

Last Answer : A new (er) car, a home theater system, a HUGE widescreen TV, one’s future, a hot date, a house, a college education, new tires, a reclining chair, a new roof, a new home for your mother-in-law…in another city that’s VERY far away, a new business, your children’s future, ...

Description : What are your money saving tricks?

Last Answer : My money saving tip: Don’t spend any ;P it works surprisingly well!!

Description : Would reverting back to all prop airplanes save money and fuel?

Last Answer : I am not sure that propeller driven aircraft are more efficient than jet aircraft.

Description : What type of savings institution pays the most interest on a savings account?

Last Answer : In the US, there are all sorts - like dozens and dozens - of banks that are offering 2.50 or 2.60% on money these days. Go to https://www.bankrate.com and click on either Savings ... but there are some mild restrictions on how many transactions per month. Really easy to find alternatives these days.

Description : Do you have a backup plan in case you lose your salary?

Last Answer : I can probably cover 2–4 months. Hasn’t been like that for the biggest part of the previous 20 years, but since one year I managed to. Edited to write 2–4, instead of 4–6. Never been my strong suit; accounting…

Description : Can you explain Star Wars Death Star Legos to me, please?

Last Answer : Really, eventually it will just sit there. I have a sandcrawler model, and a bunch of other lego stuff that I used non stop, and one day, I just stopped. I wish I could use it again but that part of me died, or something. It makes me sad but theres nothing to do. Try to explain that to him.

Description : Whats the highest savings account interest rate, and CD interest rate, you know of?

Last Answer : For savings I use smartypig.com. It works great.

Description : Take a look at the specifics as given in the detail section. Do you agree with this statement?

Last Answer : Perhaps ask a much shorter question and give the link to the Brooks’ column or Op-Ed piece? Or the Bela Liptak piece? My eyes hurt too much to read this.

Description : Which among (he following is not the outcome of decrease in prime lending rate? (1) to raise the bank loan (2) decline in saving rate (3) decline in productivity (4) increased demand of consumer products

Last Answer : (3) decline in productivity Explanation: Prime rate or prime lending rate is a term applied in many countries to a reference interest rate used by banks. The term originally indicated the rate ... falls to meet the new lower demand. Less output requires fewer worker, driving unemployment higher.

Description : Which among the following is not the outcome of decrease in prime lending rate ? (1) to raise the bank loan (2) decline in saving rate (3) decline in productivity (4) increased demand of consumer products

Last Answer :  decline in productivity

Description : Customers that want low prices and are willing to sacrifice miniaturization and performance are in the a. traditional segment. b. high End segment. c. low End segment. d. performance segment. e. size segment.

Last Answer : c. low End segment.

Description : At a given time and in a given marketplace, the entire market demand curve indicates the (a) quantity of a good consumers would be willing and able to purchase at a given price. (b) quantity of a ... a given price (d) quantity of a good consumers have purchased at a series of prices over the year.

Last Answer : (b) quantity of a good consumers would be able to purchase at a series of prices. 

Description : Is Trump right that the the subsidies for health care raise prices?

Last Answer : Economics 101: marginal subsidies decrease the cost to the consumer while increasing the revenue of the producer. This is true regardless of whether the subsidy is on consumption or production. There ... government subsidies that drive up the cost of college tuition. It's the student loan system.

Description : Creeping prices, an effect of the raise in minimum wage in the future?

Last Answer : The tiresome justification for slave wages. But let's step back and consider for a second the Walmart heirs now worth billions from the simple tactic of routinely paying employees a wage insufficient ... living, but are fed by taxpayers. Profits are privatized while expenses are socialized. Get it?

Description : Comcast cable has a virtual monopoly over my building in Arlington, Virginia and use this power to continually raise prices for residents. Is there anything we can do to combat this, and bring in other cable companies to increase competition?

Last Answer : It is up to your landlord and who he signs on with. You can petition your landlord to offer another alternative to residents.

Description : At a given price increase in quantity supplied can be possible if …………… (a) There is apprehension of sharp fall in prices in future ; (b) Refund or subsidy of statutory levy in cash is given by the Government; (c) Improvement in technology led to cost saving ; (d) All the three

Last Answer : ; (d) All the three

Description : Which of the following issue relates to micro-economics (a) Impact of crude price hike on inflation (b) Impact of change in bank rate on bank saving and investment (c) Impact of Information technology on economic growth (d) Impact of shortage of wheat production on wheat prices

Last Answer : (d) Impact of shortage of wheat production on wheat prices 

Description : Would you be willing to die to save your pet?

Last Answer : Nope.

Description : What is one thing right now that you could do, and would be willing to do to save money?

Last Answer : answer:I have already cut back on eating out. I have cut down the number of times I go out for coffee or tea. I am going to the used bookstore more instead of buying new books. My husband has been biking to work more often.

Description : People make me, save me, change me, raise me. What am I? -Riddles

Last Answer : I am money. ₹,$,€,₩,¥

Description : How much does it cost society to raise a child to adulthood?

Last Answer : I'd say there are a lot of variables here. When you say any country, there are countries with a high cost of living and there are places to live where the cost may be little. You can raise ... costs more, and that all depends on whether it's a state school or a private college, scholarships, etc.

Description : If society is racist, how to raise your children?

Last Answer : answer:Sadly, an awful lot of parenting (anywhere) is about un-teaching your children some of the things they learn from other people (or from the world in general). While you obviously ... simply because it is the majority position. Teach them the difference between right and wrong, essentially.

Description : Now-a-day the Government has given priority to social welfare schemes, therefore, it has launched various schemes like Age-old Pension scheme, Widow Pension scheme etc. Your personal opinion towards all these ... social sympathy D) These people live a dignified life like others along with 'A'

Last Answer : D) These people live a dignified life like others along with 'A' 

Description : If the law requires saving an aborted fetus if it shows any signs of life, do you worry that parents might be forced to save premies?

Last Answer : I feel like it’s two very different situations with their own legal scenarios. If there’s a specific abortion law in your state or elsewhere that concerns you, I’m happy to research it.

Description : If you accidentally drove your car off a bridge, into a river, and your child was strapped in the car seat in the back seat, could you save yourself before saving your child?

Last Answer : Was she related to Ted Kennedy? Seriously, unless you are there you can’t know what happened. She might have been thrown clear, perhaps she thought that it was shallow water. Not many mothers would abandon a child knowingly.

Description : LPG gas saving tips. How do I make my LPG cylinder last longer and save money?

Last Answer : Here are some tips, Place your pot or pan in a way that it covers the entire flame. Keep your stove's burner clean. Cook efficiently. Avoid open vessel cooking. Measure what you cook. Wipe ... burner. Reduce flame once boiling starts. Use a pressure cooker. Make one-pot meals. Check for leaks.

Description : Save Money With Energy Saving Light Bulbs?

Last Answer : You can reduce your home's energy bill by as much as 10% by using energy saving light bulbs. About 15% of your homes energy comes from the use of light bulbs. Using an energy saving bulb ... costs. Second, normal light bulbs will burn out or break three times faster than these energy saving bulbs.

Description : Jacob is saving for a new bicycle which costs $175. He already saved $35. His goal is to have enough money to saved in six weeks to pay for the bicycle. Let d represent the money that he will save per week.?

Last Answer : 35+6d=175

Description : The ultimate aim to encourage the enterprise to save the energy , reduce the production cost and increase economic benefits is ____ A. Energy audit C. Energy saving B. Energy management D. Energy

Last Answer : Energy management

Description : How hot should it be outside enough to discourage you from going out to take a walk?

Last Answer : It’s 93 and humid here. I just parked my car a half mile from the lunch restaurant and walked there and back but that was pushing it. My usual walk is 2–4 miles but that’s not happening today or tomorrow.

Description : Rodents in my engine compartment, what to do to discourage them?

Last Answer : This is why I kill them as quickly as possible. I've had them chew wiring harnesses. They bricked one of my motorcycles. I would invest in 6 Victor rat traps at about $2.00 each. I'd also get ... it until you go a week without catching one. Don't delay! They are working on reproduction as we speak.

Description : What are some ways to discourage a Maine Coon Cat from waking me up at a set time every day?

Last Answer : Does he have to be in the bedroom in the first place?

Description : Would you ever try to discourage your child from achieving his/her dreams?

Last Answer : answer:You will never be rid of the desire to attain your parents' support. Never. Even after you've betrayed their advice and successfully achieved your goal and paid off all your debts. There will ... 'll suffer just the same but at least you'll feel more satisfied with your sense of autonomy.

Description : What would you put in your profile to discourage unwanted messages, romantic overtures, or stalkers?

Last Answer : My wife will rip your head off & shit down your neck, now fuck off bunny boiler!

Description : Are we becoming a nation that is trying to discourage bad behavior by displaying even worse behavior?

Last Answer : answer:Great point! Reading the story about your acquaintance in the parking lot just makes me think everyone is constantly angry. I hate it. Growing up, if we bumped into someone we said, sorry, didn't matter ... . I don't get it. Don't you want to make sure as a pedestrian the driver sees you?

Description : How can I discourage my cat from bringing me LIVE gifts?

Last Answer : No. That is their nature. Any attempt to force a critter to behave contrary to their nature will have a bad outcome. That includes humans, but that is another discussion.

Description : Is it mean to discourage people?

Last Answer : I would describe the day to day life of someone in your field and let them ask questions. Then they can make up their own minds. What you don’t like may be someone else’s idea of perfection.

Description : Atheist, if your child found God, would you discourage them?

Last Answer : If my child found god I’d make them take a picture of it to sell to times magazine.

Description : How I would I discourage future excessive barking?

Last Answer : answer:Figure out what is causing the barking and address the problem. If it's to get attention, don't give attention for the behavior. If it's because the pup is bored, provide things to ... use that part of your nature and give it lots of attention and encouragement when it behaves appropriately.

Description : How do you discourage cats from defecating in an outdoor spot?

Last Answer : Maybe you can borrow Psyla’s rabbit-hunting Dachshund for a day or two?

Description : Our adopted cat has bitten me twice--once badly enough to go to the hospital. I avoid trying to pick him up --which is when the bites occur. He will soon need to go to the vet and I would like to know if there is a safe way to pick him up and put him in his carrier without being bitten,

Last Answer : I suspect when you pick him up, you are touching a spot that may be painful or overly sensitive. I would start getting him used to the carrier by leaving it out and open, perhaps with a ... before he examines your cat that he sometimes bites so that your vet will be prepared for any situation.

Description : how do I discourage a very persistent sapsucker?

Last Answer : Need Answer

Description : How do I discourage honey bees from my pool?

Last Answer : Need Answer

Description : If I take it from the beginning, it looks something like this: I'll meet a great guy and start trying for him to a certain extent, I imagine how it could be a beautiful relationship and that he is ... anyone who has a similar, if not the same? I will be very grateful for your opinion or advice!

Last Answer : Don't you happen to prefer girls to boys? If you stop being interested when he starts to be interested in you, I think it's possible.

Description : We'll have a party outside and lots of food. That's why I don't want to use chemicals. What deters mosquitoes? So far, there are a lot of them.

Last Answer : Cloves loaded in the Alps.

Description : How do the climates encourage and discourage settlement?

Last Answer : Need answer

Description : How could High inflation discourage people from taking college classes because of what?

Last Answer : Need answer

Description : The purpose of devaluation is to : (1) be little foreign currencies (2) encourage exports (3) discourage exports (4) encourage import

Last Answer : (2) encourage exports Explanation: Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can be exchanged. It makes exports more competitive and imports more expensive.

Description : The major aim of devaluation is to - (1) encourage imports (2) encourage exports (3) encourage both exports and imports (4) discourage both exports and imports

Last Answer : (2) encourage exports Explanation: Devaluation in modern monetary policy is a reduction in the value of a currency with respect to those goods, services or other monetary units with which that currency can ... , discouraging imports. As a result, this may help to reduce a country's trade deficit.

Description : The main reason a manufacturer may try to prohibit intermediaries from selling its products outside designated sales territories is to 1. tighten its control over distribution of its products 2. ... other manufacturers 3. incorporate selective distribution 4. contain costs 5. none of these

Last Answer : tighten its control over distribution of its products