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One has to marvel at the arrogance of the notion that savers are entitled to a non-negative risk-free return.

Savers make nothing, run nothing, build nothing. They are hoarding inherently worthless tokens - money - and demanding that society must maintain not merely a stock of the particular commodities they might wish to consume at some future date, but an entire industrial supply chain to provide them with fully flexible choice of what to consume, if and when they should decide to do so. And they have the utter gall to demand that society performs this astonishing service not merely for free, but at cost!

So fuck 'em. Inflate the fuckers' savings away, and if they piss and moan about not having old age pensions, well then they could have fucking voted against politicians who dismantle the public pension system. I have no sympathy whatever for people who first vote to destroy the public provision of old age pensions and then demand that the public must protect their private hoards.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Jun 4th, 2014 at 06:51:16 PM EST

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