- the source for market opinions


April 18, 2022 | Savers from 18 to 85 Are Getting Totally Screwed

Robert Campbell

Robert Campbell is a real estate analyst and economist. He's been publishing The Campbell Real Estate Timing Letter since 2002. His book (Timing the Real Estate Market) presents a clearly defined method for predicting the peaks and valleys of real estate cycles.


The Fed has been screwing savors for decades – but with inflation at 8.5% and rising, now it’s a real negative-yield bloodbath.

Savers use to get 5% or 6% in a Certificate of Deposit 20 years ago.  With a $1 million, you could make $50,000 to $60,000 in interest per year without touching the principal. 

Today that same $1 million will make you $3,900 per year in a 5-year CD – which is a return that is approximately 8.1% BELOW the current rate of inflation.


               “The saver sees inflation making a mockery of years of thrift.” – The Federal Reserve Bank of New York



Of course the game is rigged – but to win, you have to take risks with your money.


Especially now or inflation will beat your brains out.


STAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the Weekly Recap.

Post a Comment:

Your email address will not be published. Required fields are marked *

All Comments are moderated before appearing on the site


This site uses Akismet to reduce spam. Learn how your comment data is processed.