carlsson

We have gotten this BS in the USA for years now.  With our federal "prime" rate almost at 3.25%, the point of a savings account has been lost.  With years of this now (really since 2008), I'm afraid that it has likely punished less-complex investors quite hard.  All it took was the highest inflation rates in decades to get them to raise it by 0.5%.  At least that is what everyone expects to happen later this month, but it will still be about half what it was in '07.