> Oddly, the Fed considers purchases of consumer durables as savings in
> the flow of funds accounts.
>
> Doug

Not only should they reverse this, but they should also consider
purchases owner-occupied houses as purchases of consumer durables.


--
Jim Devine
"Segui il tuo corso, e lascia dir le genti." (Go your own way and let
people talk.) -- Karl, paraphrasing Dante.

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