Euthanasia of the Rentier, Continued

Handy and thought-provoking chart from JPMorgan making the case that quantitative easing has had roughly the same effect on income as raising effective taxes by one-third for the average upper-middle-class family with $300k in savings. The euthanasia of the rentier continues.

Tax

Related posts:

  1. Euthanasia of the Rentier Watch, Part XXIV
  2. Euthanasia of the Rentier Watch, Colleges/Universities
  3. Euthanasia of the Rentier Watch, Part XIV
  4. Grassroots Consumer GDP Data
  5. London as Theme Park for Billionaires

Comments

  1. jlj says:

    How many UMC families have 300K in savings?If they have 300K what is ti doing in a savaings account? Where is the 3rd chart where JP Morgan Private Bank shows how much they would have earned the UMC if they were a customer? What are the effective tax rate equivalents if the 300k was in the market since spring 2009?

  2. Guest says:

    Where is the chart showing what happened to people 300k in savings without QE?

  3. optimader says:

    How many UMC families have 300K in savings?If they have 300K what is ti doing in a savings account?

    UMC or not I have several times that basically just sitting in savings.. why? the cash burn is less than "investing" it from what i see.,
    I await some good suggestions on where to park it, get back to me on that..

  4. double down says:

    I guess in in this class. I'll just have to save more and spend less to make up for the erosion of my savings.