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The problem is that a Fetishistic obsession with 100% cash savings instead of actually investing in something is not a good thing for the economy. It also lead
by mauricemir 11y ago
The problem is that a Fetishistic obsession with 100% cash savings instead of actually investing in something is not a good thing for the economy.
It also leads to bizarre outcomes where foolish pensioners invest in exotic and risky cash like instrument's like PIBS instead of 100+ year old investment trusts.