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Comment by zeahfj

This article is all kinds of wrong. It does not make an appreciable difference between savings, investing, and speculation. There is not a glut in savings but there is a glut in speculation. This is due to a global war on savers. Savers are punished by artificially low interest rates, inflation of money supply, high taxes on earned income, and subsidies to speculators (e.g. various housing subsidies).
parent zeahfj 10 years ago

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