Thread: Economics The "Fed"
View Single Post
Old 02-26-2014, 09:23 PM   #63
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $20432
Quote:
Originally Posted by KC native View Post
Commodities were down 9% in 2013 (Dow Jones UBS commodity index).
In fact let's elaborate on this....1 year as you know is not a very long time. Secondly are you advocating that these super low interest rates are actually benefiting the everyday person? If so, how? How is eroding the value of the $ creating more spending power for the middle and lower classes? How is a savings account paying .02% beneficial when inflation is between 1.5%-2.0%?
__________________
Posts: 67,952
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
  Reply With Quote