A Letter From The Publisher: Jun. 8, 1981

"Revolution" is not a word that TIME uses lightly, but this week's cover story on the dramatic change in the way Americans are saving their inflation-pinched dollars fully deserves that billing. In interviews with bankers, brokers and investment-fund analysts around the country, TIME correspondents found the financial world in an unprecedented upheaval over the decline of traditional savings programs and the rise of complicated new ways of investing money at unheard-of interest rates. Says Denver Bureau Chief Richard Woodbury: "Never before have there been so many options or persuasive pitchmen telling you...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!