@tomhawleymortgagebroker: This one calculation explains everything. $100k in savings. Inflation hits 4%. Those goods now cost $104k. Bank interest after tax. Less than $103k. You lost money. While saving money. That's the inflation mandate. A policy. Not a natural phenomenon. So people borrow. Buy assets. And the gap keeps widening. The system isn't broken. It's working exactly as designed.