The View From Under The Bus: A visualization of the extreme plight of the saver

under-the-bus

Through borrowing way too much, bailing out rather than prosecuting bad actors, printing trillions of “thin air” dollars, a deliberate pursuit of financial repression and other schemes — the future prosperity of the “everyday American” has been stolen by those in power and those positioned closest to the trough. Mathematically, this orgy of excess needs to be balanced by severe austerity; an austerity the elites refuse to suffer but are forcing onto everybody else. No wonder the masses are pissed.

Few visuals drive this injustice home better than one of historical bank CD interest rates, which have been in steady collapse since the mid-1980s.

Click here to see chart & read full article

 

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