Nobody gets to decide what constitutes hoarding and what constitutes saving. Money is extremely important to the decision making and planning of every individual. How one chooses to spend one's time, energy, gold, or coupons (i.e. one's money) is for each to decide.

Technology drives prices lower over time. That's the signal. Everything else is either temporary or artificial noise.

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Every one of us regardless of power is influenced by the tides of history despite our desire to make decisions based on our individual beliefs.

The most we can do at an atomized level is observe and understand the mechanism of history.