Americans are hoarding money, yes you read that correctly. I heard Glenn Beck talking about this and have seen very few articles. It is true, Americans are hoarding money in their checking accounts. The word hoarding implies to me that we all are keeping something we shouldn't. The article speculates that people are "hoarding" their money because they feeling insecure about the economy, whether currently or from lessons learned 10 years ago. The article also states that the average US household owes $8,600 on credit cards, interest rates on credit cards is high so why are Americans sitting on their money? Here is the article: http://garydhalbert.com/2018/05/03/americans-hoarding-money-checking-accounts/ At the end of the article, the author said: While it’s not unusual for households to keep some extra cash in their checking accounts to pay monthly bills, a national average of over $3,700 is way over the top. Something else is going on. If I figure it out, I’ll be sure to let you know. In the meantime, I would love to hear from any of you who may have an idea about what is happening on this subject. What is going on? Allegedly we are in good times so why are people hoarding their money?