[supafamous]

Originally Posted by Gerbs

While I agree 4 to 2% could be slower, the different between 4% and 2% inflation is the value of money getting halved in 25 years (4%) vs 50 (2%) years.

So 4% is still really bad from a financial point of view across all aspects.

Agree on that - I'm just saying that going from 4 to 2 in 3-4 years rather than in 1-2 years is probably ok considering the likely consequences of doing it in 1-2 years.

Originally Posted by Gerbs

I was 18 in 2013, so all we've ever known were rates that ranged from 0.99% - 3%, 4 - 6% doesn't even exist in our world. That's why a majority of the younger crowd think that 4% isn't normal. 4% - 5% is low, 6-8% is normal based off of the last 50 years.

Hey man! I'm an old fart (46). I just don't think the last 10-15 years of interest rates are going away anytime soon and that historical norms won't apply. Same for stuff like expected rate of return on investments - I think expecting 8-10% like we use back in the day are gone, a 5-6% return is more likely now. Breaking the addiction of being in a Ponzi scheme is really, really hard.