[rayiner]

> Why would Main Street transact with them at all if that were the case?

Because we force them to, through 401k's and the like.

[penny500]

What specific law are you referring to that forces Main Street to invest in 401Ks?

[rayiner]

The tax code, mainly (and remember attempts to privatize social security?). Not overt force, no, but intended to skew behavior certainly.

[Evbn]

401k doesn't force you into wall street. You can buy govt securities or money market, unless your employer is awful.