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kleinbl00 · 2844 days ago · link · · parent · post: Larry Summers: Interest rates are at inconceivable levels, and we must confront what that means
You misunderstand: it is the economy. Retirement funds are invested in the stock market. Just look at Reddit and all the people bitching that they can't buy BTC with their IRAs and 401ks - if it's in a retirement account it's abstract money. If you have to pull it out of your pocket it's the dearest thing in the world.