Comment: If true, it would crash the market

(See in situ)


If true, it would crash the market

I am not paying penalties and taxes to take money out of my retirement account on the worry that something might happen. If the government tries to force people to invest in treasuries, or any other method to get their hands on retirement account money, it will destroy the value of the retirement accounts in the process. The market would crash with all the money taken out of stocks.

The government does lots of stupid stuff, so they may do it anyway. I'm just going to bet that they don't.

We all want progress, but if you're on the wrong road, progress means doing an about-turn and walking back to the right road; in that case, the man who turns back soonest is the most progressive.

-C. S. Lewis