a pensioner who lives off interest payments for example is "savings"
the interest paid to depositors isnt any market rate. if it was there would be no interest rate fixing by central banks there would be just a bond market
that would be great in my opinion, then you will see how valuable capital really is - considering the world has none at the moment
"Funny thing is you will always find the grass is greener on the other side of the fence!"
yes it is, i will be back when im a net burden on the health system. the grass is greener indeed
"Where did I ever say saving is so great - putting your money in a bank as savings on basic interest is nothing more than a stop gap and the reality is NO ONE is going to really increase their wealth off of it."
and there is the problem, the most valuable asset of all - cash is the poorest investment of all
hence the GFC... if your paying any attention at all to the discussion
