[sickoflibs]

First thing,

1) 401Ks move with you now because you own them. Fixed Pensions dont.

#2) One reason saving rates are low is because everytime Washington (Greenspan, Bernake, Clinton,Bush, Obama) wants to stimulate the economy they create play money and shove interest rates to zero. Economics is simple. When you force prices low (interest rates) you increase demand (borrowing) and decrease savings=shortage of savings (supply). DUHHHH!

Peter Schiff Austrian economics class lesson 101 !

[DoughtyOne]

I’ve got a small amount of savings (about $3,000) in a backup bank account. Last month a got about thirty cents interest on it. With $100k in there, I could reap over $10 bucks per month. Now that’s real income. not

Then I get my credit card statement and the interest rate is 29%.

[Gilbo_3]

you got that pic of the african resturant tab bein paid ???

ya know, the platter of $1k bills fer a meal ???