For some 50 years after the New Deal, honest savers (who knew enough to know that markets are manipulated and a suckers' bet) or those who simply did not wish to gamble; kept some or all safe and liquid at savings and loans which paid a fixed 5% return. Those who wanted to time the market or allocate used these accounts as a haven when stocks were not prudent or when bonds were heading south due to inflation. That was repealed in 1980.
In the Viet Nam era inflation, speculators discovered Treasury bills and later high yield money markets by brokers too, but today, we are all coerced into boom/bust stock cycles where nobody makes money save the same banksters who created the Creature from Jekyl Isle, printed all the money and floated the paper leading to the Great Crash, then the Great Recession and now this return to the future, where nothing is safe and savers are losing everything.
Those New Deal reforms saved the Banksters from pitchforks as did Obama [who let them throw more paper at the problem and never jailed a one of them] so today, we are now all in the same barrel, save the bosses. When Drump says he is newly outraged that they used his giveaway tax deal to buyback stock instead of build factories, the only ones he fools are those he fooled before. The New World Order owns him like they bought his daughter.
Do any of you know the Reg name [like Q or AA or whatever] that gave us such a long period of safety?
I am working on a class action that seeks to give us back some of those protections and also to remove the unreasonable tax loss limits that so may will suffer on stocks, as many have run out of time and confidence to "stay the Illuminati course".