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Re:Can the West’s perplexing employment miracle continue? by positr0n on Monday March 06, 2023 @10:26AM (#35042093)
Because you don't care about the number in your bank account, you care about what you can buy with that number.

Park your cash in a 5% instrument for a year and you can still afford 3-4% less stuff than you could at the beginning of the year.

That's fine for me with a mortgage, but less retirement headroom for many older people.

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