Comments about ‘John Hoffmire: A way to increase the savings rate in the US’

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Published: Sunday, Jan. 12 2014 12:00 a.m. MST

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SEY
Sandy, UT

Things are pretty pathetic when normally rational adults turn to lotteries to lure savers to banks. Heaven forbid that the Fed allows interest rats to rise to attract ALL savers instead of just a lottery winner. Of course, such a rise soul mean the collapse of the economy. Could the situation be possibly more messed up? Perish the thought!

Twin Lights
Louisville, KY

If this helps, I suppose it has some merit, but we should understand that saving and investing are the antithesis of lotteries and get rich quick schemes. This seems to conflate the two.

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