Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: NormsRevenge

“According to a 2012 Insured Retirement Institute , IRI, report, only one-third of Gen Xers are “very confident” about having enough money to live comfortably during retirement,”

With inflation the way it is, and interest rates down to zero, saving money isn’t exactly worthwhile. I figured I’d just spend it all on guns and ammo now and wait for the country to collapse.


8 posted on 04/16/2012 3:33:49 PM PDT by GenXteacher (You have chosen dishonor to avoid war; you shall have war also.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: GenXteacher

“With inflation the way it is, and interest rates down to zero, saving money isn’t exactly worthwhile. I figured I’d just spend it all on guns and ammo now and wait for the country to collapse.”

Bingo. When nobody important thinks continuing to pile on the debt’s going to be a problem, it certainly is, and hell to pay to those who think hard currency or stacked 401ks are somehow going to avoid the crunch. There is no point to having a million marks in your wheelbarrow.


56 posted on 04/16/2012 9:02:31 PM PDT by LibertarianInExile (If Newt is a conservative, then a dingleberry is a diamond.)
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson