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A comment on The wealthiest 10% of Americans own a record 89% of all U.S. stocks. Parent comment

Re:The wealthiest 10% of Americans own a record 89% of all U... by imtringued on Monday October 18, 2021 @02:54PM (#28909841)
If all you want to do is beat inflation you can just buy stocks instead of saving money. The real problem is that people get higher returns than inflation. Often higher returns than the growth rate of the economy as a whole.

The idea that inflation is killing us is simply not true.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by austincheney on Monday October 18, 2021 @04:33PM (#28911312)
Your argument only makes sense if those stock purchases are treated as regular reoccurring income, such as exchanged from the market to liquid assets, sufficient to cover the increases of daily expenses. For most people that is certainly never the case.
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