This paper focuses on U.S. saving, demographics, and fiscal policy. We use data from the Consumer Expenditure Surveys … of the 1980s to consider the effect of demographic change on past and future U.S. saving rates. Our findings indicate … that demographic change may significantly alter the U.S. rate of national saving and current account position over the next …

addition, currency stability and expansionary money supply (M1) growth are other concerns of the BSP, though significantly so …