270 karma · joined January 31, 2023
This might have been true for the past ten years or more, it's not true now. You can easily find savings accounts now which offer over 3%, and it's going up as the fed continues to raise rates.
This still might not be the best investment when you consider the high inflation, but it's great for emergency fund type accounts that need low risk, high liquidity.
So your proposal is that we let the poor die?
I would guess that most suburbs are financially unsustainable in the long term because they pay less in taxes than it costs to maintain their infrastructure. Strong towns talks about this in great detail.
The solution is better infrastructure for bikes. Separate bike lanes from cars and pedestrians, slow the cars down, and improve visibility at conflict points.