Quote:
Originally Posted by KC911
^^^^ This. Applies to me and everyone I know personally who is drawing SS. Fint is also FOS regarding historical Federal Reserve interest rates .... We have returned to just slightly above "neutral" which has juiced both housing and equities for WAY too long imo. Lots of folks adverse to equity risks can actually earn something on $$$ they've saved over their lifetime. That said, fint brought politics into this thread, and I know better than to argue with a 'stone .... Fred, Keef, or fint  . |
I am not sure I mentioned politics (unless reality is political). I think that was you.
When inflation decreases the value of money at a higher rate than one can earn interest, thinking that they "actually earn something on $$$ they've saved over their lifetime" is simply an illusion.
I think my observation on Fed funds and CPI were accurate. See below:
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