The Fed is "turning the faucet, and nothing's coming out," says William Ford, a former president of the Federal Reserve Bank of Atlanta. "I don't see any pluses on the plus side of the ledger ... But they're ignoring the strong negative effect that they're having. They're killing savers. Retirees are earning nothing on their life savings."
Read more: http://www.nwfdailynews.com/articles/hurting-43126-interest-economists.html#ixzz1pPO90fP1
Read more: http://www.nwfdailynews.com/articles/hurting-43126-interest-economists.html#ixzz1pPO90fP1
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