HomeHome  CalendarCalendar  FAQFAQ  SearchSearch  MemberlistMemberlist  UsergroupsUsergroups  RegisterRegister  Log inLog in  

Share | 

 Fed Policy

Go down 


Posts : 1916
Join date : 2013-04-17
Location : Texas

PostSubject: Fed Policy   March 16th 2016, 11:29 am


This is just the tip of what the Federal Reserve has adversely affected when it comes to filling the banks full of capital at near zero rates.

Remember the day when a savings account would actually acrue interest, or a money market, or CD would actually make money over the term?

This is a terrible diservice to to tens of millions who were at or near retirement, as interest income has now all but been wiped as a form of revenue generation for seniors.

$7.5 billion is just the crust of the impact.
Back to top Go down
View user profile
Fed Policy
Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: General Topics :: Around the Keg-O-Rator-
Jump to: