SAVING MONEY IS COUNTERREVOLUTIONARY.
The dirty secret is that when people don’t spend their money, it shrinks the money supply and the economy. While money is in a mattress, or in silver and gold in a safety deposit box or buried in your yard, it is as if it doesn’t exist.
If Americans become savers, the economy will collapse further, forcing monetizationn to prevent a depression the likes of which the world has never seen.
But that action will result in hyperinflation the likes of which the world has never seen. Either way, my tag line spells it out succinctly.
I stopped completely saving in my 401 after bamey was elected....why even do it?....I do believe that ultimately they’ll tax or index it.....instead, working on just paying bills...mostly the house....