From the dotcom bust in 3/01 to the Housing Bust in 1/08, household savings rates steadily fell from 6% to just 3%, of course house prices were skyrocketing. From the Housing Bust through 12/14, savings rates rose to 8% and remained there until Covid-19. Now, after bouncing wildly for 14 months due to massive government programs, the rate has settled at a significantly elevated 10%. A permanent or temporary rise?