Exactly. The liquidity trap should be more than just a seniority trap. It's for everyone.

Stupid liberals.

Those with 401 K money in 2008 know just what a good idea it was to put retirement money in stocks. Same with Enron employees. I've always found that just when I need the money from stocks, that seems to be just when the market is down or new "fees" have been evoked etc. I've heard a lot about people making money on the stock market but have never experienced it myself in some forty years. There is always some excuse. Why is that?

All investing has potential risks and potential rewards that should be tailored to the individual investor. For seniors who are mostly in cash, inflation is a bigger risk to their money than low interest rates.

"All investing has potential risks and potential rewards..."

That's so quaint. Who's your financial advisor, Jefferey Immelt?
When the "F" word is in play, the potential risks and potential rewards aren't availible to "All". Neither is the information regarding the potential for Fraud.
Of course we're so lucky to have such a watchdog press, we don't have to worry. That kind of stuff only happens in emerging markets, and the Continental PIIGS.

Any person with $100,000 to $200,000 in a bank account is an investing fool and needs to be protected and advised how to go looking for stock index funds.

There's a lot of bad investment advice and bad policy in this post. Retirees should not have much money in stocks, since a crash can instantly deprive them of income. And it should certainly not be the duty of the Fed to determine how people invest or to boost stock prices. There is abundant evidence that the Fed is not really capable of doing a great deal that is constructive through discretionary action - the chances that they will screw things up are greater than that they will do the right thing, even if there were agreement among economists about what the right thing is.
The Fed held interest rates low and reasonably constant from 1934 up through the 60's. This was a period of extremely high growth overall, which has not been matched in the period since then during which rates were varied according to the Fed's usually defective understanding of how the economy works.

My parents learned from the Great Depression that you should only invest money in stocks that you are willing to lose. Anyone that tells you anything different is a fraud or stupid.
Now, if we can get rid of the state lotteries, maybe people will realize that they need not fear higher taxes on their no doubt soon to be realized fortunes.

Perhaps to counteract our poor investment environment we could conquer another country, find a mindblowingly large gold deposit, and give Alaska-style dividends from it to everybody.

How dare you, with your six-figure income, or whatever it is, suggest that people who are out of the work force should be pressured to jeopardize any of whatever capital they may have? Of all the irresponsible, unfeeling, downright ignorant ideas! If you're too unimaginative to put yourself in their position, you should at least have the grace to listen and learn from them.

The ridiculous theoretical pretense that savings are somehow selfish and unproductive as compared with "investment" in the under-regulated casino that is the modern stock market is long overdue for reassessment anyway. Most of my savings are in credit unions and community development banks, institutions noted for careful lending for first-time homebuyers, home improvements, small businesses, and green businesses. These are economically and socially beneficial uses of my money. The ridiculous churning of an over-valued stock market that fails to create significant numbers of jobs, enriches big banks and corporations, and wastes the environment would not be.