UNLESS you actually have any cash you're trying to loan out at interest. If you're retired and looking for conservative investments like say, bank CDs, you're being hammered worse than with taxes. The dollar has dived, and Bernanke has the banks saying your savings are "worth" a one-to-three percent return while the value loss in less than a year is 10-20%. They're also implying that "inflation" is some index of price hikes when we all know that "inflation" is the diminishment in value of your dollar due to the printing of more of them---a thing already done, not a "maybe" thing in the future. Ain't this peachy.
Muser of NM @ Nov 04, 2009 23:36:56 PM
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