Plan to Replace Lost Wages With Stock Market Gains Working, Says Fed

(Washington DC) – With average American wages at $50,000, and average retirement plan balances at $100,000, the stock market only needs to go up a total of 50% to replace lost wages, according to the Fed’s calculations.

Despite major gaps in logic, the Federal Reserve has pushed ahead with the Freedom In Replacement Earnings plan, calculating that investing the entirety of the balance in the average retirement plan since March would have already yielded a 40% gain, “so only 10% left to go.”

For its next phase of bailouts, the Fed is said to be mulling plans to buy natural gas, timberland, and used automobiles next.

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