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Real interest rates on savings accounts are rarely positive. Savers are suckers if they hope for increased real value on their bank deposits. Interest rates and inflation are twin brothers. Calling interest income "earned" income is capitalist propaganda, which ignores the definition of "earn." Webster 1913... 1. To merit or deserve, as by labor or service;... Even the IRS calls it un-earned income. Barry ________________________________________________ Send list submissions to: Marxism@lists.econ.utah.edu Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
