Re:Savers are slowly choking off the life of the world economy
by m_coder on Monday December 19, 2016 @09:27AM
(#13211550)
Isn't the burden of the article poking at the people who have tremendous wealth and who use it to influence policy?
>> inflation exists precisely as a tax on savings
I don't think the article is suggesting that a person who has a savings account at the bank is the problem. Although the title is misleading in that case....
Besides which, the entire article is rendered moot by the fact that inflation exists precisely as a tax on savings.