2.3% hardship withdrawals across fidelity administered IRA + 401ks a couple percent new loans to add to the 17% of fidelity administered 401ks with outstanding

2.3% hardship withdrawals across fidelity administered IRA + 401ks a couple percent new loans to add to the 17% of fidelity administered 401ks with outstanding loans thats not that deep yet remember all: the entire strategy to fight against inflation is for people to run out of money and die starving and shivering in the cold. if people can still begrudgingly buy necessities at the higher prices then the mission is not accomplished. Fed speak for this is “demand destruction”. Demand has not been destroyed.