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On METAR some one posted a quote from Paul Krugman on the effect zero percent interest rates have on retirees.

In a different interview, the interviewer asked Krugman if he cared that retirees and those on fixed incomes were harmed by bank interest rates at virtually zero. Krugman shrugged and said with a smirk, "No, I don't care about them at all." I was really angry about that.


It's been a long time since anyone tried to retire on a 100% fixed income portfolio.

About 20 years ago at the height of the dot-com market, there was a poster named "hocus" who tried it. He went nuts.

Hocus's website appears to be still active, unless it's controlled by a bot.

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