Comments on: Ben Bernanke is Punishing Savers

By: Abigail

Abigail — Wed, 25 Mar 2009 19:35:14 +0000

Does anyone know what will happen re: inflation if the government lives up to its promise to yank the money out of the economy once things are better?

While I share your frustration at the idea of inflation, I wonder if it’s a good idea to tell people that by saving, their money is worth 1.35% less. Because by spending, their money is worth 3% less. So saving is still the way to go. It just happens to not be doing a whole heck of a lot to safeguard us in the present.

By: Funny about Money

Funny about Money — Wed, 25 Mar 2009 13:19:55 +0000

This is interesting: good explanation that clarifies things nicely. I was just reading up on inflation & came across some material that suggests that when inflationary times are about to descend upon us, it’s a good time to buy real estate. For the same reason the interest on your savings drops in value, so the interest on a fixed-rate loan loses de facto value. At least, that’s the way I understood it.

By: Money Hacks Carnival—Spring Edition | Money TLD

Money Hacks Carnival—Spring Edition | Money TLD — Wed, 25 Mar 2009 11:02:12 +0000

[...] weakonomist presents Ben Bernanke is Punishing Savers posted at Weakonomics, saying, “Bernanke and the Fed are going to buy treasuries that will [...]

By: did bernanke and the fed save us from depression by buying treasuries | Weakonomi¢s

Fri, 20 Mar 2009 14:36:05 +0000

[...] from Weakonomics.com.Powered by WP Greet BoxThis morning you read about Bernanke’s attempt to ruin savers for being conservative. I teased that this view might be short sighted. The exciting conclusion starts [...]

By: Ron@TheWisdomJournal

Ron@TheWisdomJournal — Thu, 19 Mar 2009 16:29:56 +0000

People confuse the generic term “inflation” with price inflation. True inflation is an increase in the money supply, like you said. It would appear that our elected politicians are working against us in an attempt to make things appear better for the photographers (media).

By: Kyle

Kyle — Thu, 19 Mar 2009 13:22:43 +0000

If that were the only way they were punishing us, it may not be so bad…