U.S. consumer credit up $18.1B in August

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  • Say No to BO Mapleton, UT
    Oct. 6, 2012 4:53 p.m.

    Using credit LESS is a good sign, especially when it isn't linked to durable goods.
    The end of the refi/cash-out scheme is a good thing.
    But saving needs to grow in order to boost real wealth. That won't happen with interest rates so low. Fed policies are essentially proving that our money is worthless.