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American Middle Class is dying (archive.ph)

posted 2 years ago by AlfredicEnglishRules 2 years ago by AlfredicEnglishRules +21 / -0

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– lgbtqwtfbbq 7 points 2 years ago +7 / -0

Real interest rates haven't been positive for over a decade, so it's hasn't been possible to actually "save" money for at least that long.

I have to go back to about 2007 to see any bank statements that show a positive real interest rate. Let alone the standard "5% passbook savings account" every bank had when I was a kid.

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