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It's hard to live off passive investment income b/c world governments are intent on shafting savers to bail out the debtor majority. "High yield" FDIC-insured s
by rphlx 16y ago
It's hard to live off passive investment income b/c world governments are intent on shafting savers to bail out the debtor majority. "High yield" FDIC-insured savings accounts pay like 1.2% now in nominal terms but their return will surely be negative in real terms.