[Toddsterpatriot]

Second, it's nearly impossible for people to protect the value of any extra cash they can save. The cash that is left in bank accounts will buy less next year than it does today.

It's true, risk-free cash earns very low returns today.

This is great for the banks that own the Fed. They get to borrow for 0% and lend to the rest of us at 4% or 5%

They don't own the Fed and they can't borrow at 0%. In fact, at the current 0.75% discount rate, they're only borrowing $6 million. That's million with an M.

[Errant]

It's true, risk-free cash earns very low returns today.

You're concept of "risk-free" is laughable. The value of the federal reserve dollar will one day be calculated against its initial value at issue in decimals. Its value isn't even close to maintaining pace with inflation.

And by artificially manipulating interest rates, the banksters are stealing billions and billions from the savings of millions of hard working Americans.