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- Nov 25, 2013
We could debate all day about what the real rate of inflation is, but given that the fed likes to glorify their majikal mystikal 2% target rate, it seems pretty clear that sticking funds in a bank is not going to be a particularly wise decision if the goal is preservation/appreciation of capital. Who knew that 35+ years of an unrealistic debt market bull would be bad for savers. lol
Hey sorry 'bout that retiring boomers, but to quote the murdering psychopath Philip Brailsford "You're Fucked".