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To: freeus who wrote (40327)3/13/2001 12:08:20 AM
From: Thomas Mercer-Hursh  Read Replies (1) | Respond to of 54805
 
Actually a shift from money in a cd or savings account into mutual funds or stocks lately WOULD have meant a decline in savings.

Cute, but not in the savings *rate*, i.e., the percentage of income that is routed to savings. Very different than what happens to the money after it gets there!