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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: SecularBull who wrote (143971)5/9/2001 2:03:57 PM
From: aknahow  Read Replies (1) | Respond to of 769667
 
With inflation running at a minimum of around 3% for the last 25 years the inflation adjusted return on savings accounts is probably negative too. The market is a secular thing. <g> Was not trying to defend the indefensible, just pointing out that the move to mutual funds is a more probable cause of the diminished savings rate than a tendency to spend everything one earns.


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