Contrarian Take: Your savings aren't growing, they're just not sinking. With 8-10% annual money printing, what seems like growth in assets like the S&P 500 is just your wealth treading water. It's an illusion of progress, masking the devaluation of currency. Think your investments are booming? It's just them keeping pace. Agree/disagree? nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s https://youtu.be/1z3bxzu_5E8
Discussion
This is why repaying government debt isn’t a problem: in 7 years, debt to gdp would fall by 50% without borrowing an additional $15T
That’s correct https://youtu.be/JobaR9LLcfA?si=75Y60BwRcgZeOJaN
The S&P is a savings account index. People just blindly throw mo day at it and expect it to go up. S&P return = inflation