Negative Real Interest Rates Are Just Income Redistribution

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It’s been tough to save money since the Crash. Right now many of us are receiving a negative real interest rate on our savings. (If we have savings.) That is, the interest we get on our money is not enough to keep up with inflation. From the moment we buy a CD or deposit money into an interest bearing account we are actually losing money. (We are losing even more money though if we keep it in our mattresses – by a very small amount.)

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New York Magazine: Chelsea Clinton Leaving Her Unbelievably Cushy Fake Job at NBC

I'm sure the people in this village "don't care about money" either.

I’m sure the people in this village don’t care about money either.

It must be hard to stay in a half million dollar per year part-time (very part-time) job when you just can’t seem to care about money.

“I was curious if I could care about (money) on some fundamental level, and I couldn’t,”

Chelsea’s like Mother Theresa.

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States with Legal Marijuana See 25 Percent Fewer Prescription Painkiller Deaths

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It’s funny, there are still many people in this country who are concerned with medical marijuana.That making pot available to patients will unleash some horrible drug genie. And yet one never hears these people complaining about medical heroin, and we have widespread legalized medical heroin, aka oxycodone and oxycontin in this country.

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