“I’m starting to get worried for us savers.”
Respectfully, you should be worried...
The Fed does not give a hoot about savers...
It wants you to consume...
The Fed wants you to consume and buy stock. Both Democratic and Republican administrations have screwed this country over by punishing those who actually save money.
We’ve always saved at least 10% of our income. We’ve never spent above our means. We’ve also been lucky with some stock.
We are finally able to relax financially.
We don’t like the public schools, so we really pushed it but we have put our kids in private school.
We finally got a larger house 4 years ago.
We’ve done these things while saving for retirement and kids’ college.
I just worry that something is going to happen where we’ll lose everything. I would hate for us to not be able to send our kids to a Christian school. I’d hate for us to lose our home.
I feel sorry for people living on the retirement funds.
It wants you to consume...
Exactlly right,there wil be a day that if you don’t spend “You’ll be a National Security Threat”.
By the way,You can take that to the Bank.!
Keynesian Economics at it’s worst—it doesn’t matter where the money goes, as long as it keeps moving!