Talk of The Villages Florida - View Single Post - 5.9% Adjustments Coming
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Old 10-13-2021, 06:14 PM
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Quote:
Originally Posted by Babubhat View Post
The criminals in our government has been punishing savers for hundreds of billions of dollars of their suppression of interest rates. It’s the least They can do
You got that right. It used to be that interest rates were set so that savers earned a real rate of return (rates were set above the inflation rate). It was nice when savings (responsibility) was encouraged and rewarded. Now taking out massive levels of unsustainable debt are encouraged, and our government is the leading culprit of this irresponsible behavior.