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I think most on HN understand that we give them the power, but the problem is we don't have much of a choice if we want to retire as the Fed's actions are leadi
by 7thaccount 3y ago
I think most on HN understand that we give them the power, but the problem is we don't have much of a choice if we want to retire as the Fed's actions are leading to inflation at such a level where saving money is worthless.
I'm okay with them managing an index fund. It would seem wrong for them to then use that power to influence politicians and companies.
- deleted 3y ago[deleted]