Andylusion
Platinum Member
And? should people not try to continue as normal as possible? should those who can work during this problem NOT work just to make life "fair"?
again you go after the extreme and act as it should be treated the same. it shouldn't. that's why it's extreme.
What I noted is NOT the extreme. The rates have been crushing the retired who saved money to retire on for a long time now.
The markets are irrational and extreme but we allow them to lead the country.
There is nothing irrational or extreme. You not knowing the reasons behind price changes, does not mean there is no rational to it.
You being ignorant, does not mean everyone else must be irrational, since you don't know the reason for their actions.
As far as complaining that the retired who saved money, are being crushed.... I find your comment ironic, since you yourself are the one supporting crushing the retired.
Do you know where most 401Ks and IRAs, pension funds, and annuities, are all invested in? Stocks. Which you just complained that shareholders should make do with less....
So while you are sitting here complaining that retired people who saved are being crushed, you turn right around and advocate they make do with less.
It's all weighted to stocks. That should NOT be the case. It should be balanced. Now the markets are wanting to steal from them with negative rates. Look at what the markets are doing?
You can't blame people for wanting nothing to do with them.
It's funny how taxation is theft but negative rates won't be.
You are speaking incoherently.
What do you mean the markets are 'stealing from them'? How does a stock, steal from you? As long as the company keeps paying dividends, then you are not losing anything.
Additionally, negative interest rates, just means you should be even more in favor of companies paying dividends to shareholders, and encouraging more people to invest in stocks.
That's the whole point but you know that. I have no desire to chase your feigned ignorance.
Well I proved you wrong. So, you are the one in ignorance. You claimed interest rates were negative. I provided direct links to banks providing positive interest rates.
So, you lost the argument. If you losing an argument, is me feigning ignorance, then you have not only lost the argument, but disqualified yourself from being in an argument.