I like what this perspective adds, where Central Banks are only reactionary. Yes, Central Banks want to distort the market so that savers are forced to invest i

I like what this perspective adds, where Central Banks are only reactionary. Yes, Central Banks want to distort the market so that savers are forced to invest if they want to keep their wealth growing. But adding another dimension to why savers do what they do is fascinating. Time value and life expectancy. Very fascinating. I don't think it explains the last 10 years as an accelerant to suddenly consider this, but it is interesting how it happens to coincide with other monetary policy adjustments. Its like people stopped trusting the markets and money supply, so central banks reacted to add liquidity to markets. This coincided with people realizing en masse that they can also delay gratisfaction for a rosier economic reality, and Central Banks react to that further by trying to push saved liquidity in the markets. So far, private persons have barely budged and will rather pay for the privilege of keeping their money.