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Gas savings spent

Posted on October 8, 2015 @ 3:42 pm (Thursday) by WARREN MOSLER

As suspected, the drop in gas prices was pretty much a net 0 for GDP:

Consumers are spending a lot more of their gasoline savings than estimated, report says

Americans spend majority of money saved at the petrol pump

JPMorgan: Consumers Already Spent Most Savings From Cheap Gas Pump Prices

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