They can’t comprehend I don’t want shitty GBP,
The idea of savings has been destroyed so much that anyone who wants to save must be mental.
Discussion
Lol now if you don't want GBP imagine how I feel about South African Rands, you couldn't pay me a high enough interest rate to hold that rubbish.
I get that there is no incentive to save and its all about pulling foward consumption, and speculating on assets but damn, surely the results speak for themselves, like how many years of failing at a strategy do you need?
Oh yeah, in laws are from SA! It’s bad out there.
To be honest mate, for them it is working, they make the average yield and that’s good enough for them.
They just fail to understand that they are not beating inflation, so they are still loosing money. The education around finance is awful. The way it’s meant to be.
I had some guy who studied economics at university and he didn’t even know the USD wasn’t backed by gold anymore.