"Just because a reckless central bank foists tons of fake money on banks, businesses, and households does not mean any of them must spend it. Fiscal-monetary recklessness itself can signal private-sector actors not to part with safe, liquid assets. Eventually, of course, they may choose to flee the money and the debt, bringing higher inflation rates and higher interest rates. Meantime, the prudent observer must never neglect to consult the demand side of money." ~ Richard M. Salsman