Hey I am currently in the privileged position to think about what I do with the money I saved as an emergency fund. Do I put it in an account that gets interest so less gets lost to inflation?
But from my understanding the bank can only pay that interest because they loaned the money to someone that uses it to exploit people labor or extracts rent from them etc.
Where I live saving for retirement is currently not that big of a thing because its something the state manages, but what do folks do that dont have that?
Should anarchists buy stocks or what else should they do with money that exceeds their safety needs?
It’s even more than that in the current market. The current rapid increase in rents is not a natural supply and demand effect, it’s a result of the market being captured by what amounts to a price fixing racket enabled by programs like Yield Star. Parent company based in Texas, obviously.
The practice is being federally investigated in America but, ya know, good luck with that with this Supreme Court, when they get around to it in ten years.