Now that the Chinese are slowing down on buying USGBonds, to whom do we turn?
Feel free to forward this by email to three of your friends.
Who can open a myRA? The accounts are targeted at the millions of low- and middle-income Americans who don't have access to employer-sponsored retirement plans. That includes roughly half of all workers and 75% of part-time workers.OK... the poor and the middle class, this we already knew would happen. Saving money gets it taken away, investing your savings in the means of production gives you the alternative to trade for what you need especially if those savings are compromised.
The White House says it will "aggressively" encourage employers to offer the program, noting that they won't have to administer or contribute to the accounts. myRAs will initially be offered through a pilot program to workers whose employers sign on by the end of the year.
Feel free to forward this by email to three of your friends.
1 comments:
I think the most offensive part about myRA is it is being pushed by the state as finally a safe way for working folks to save money. When it is guaranteed that by "investing" in a myRA you are guaranteed to lose money due to the inflation the State itself creates to steal worker savings in the first place.
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