Thread: Economics The "Fed"
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Old 02-26-2014, 09:23 PM   #63
petegz28 petegz28 is offline
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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%?
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Originally Posted by Saul Good View Post
Call it whatever you want. I don't care about the verbiage.
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Originally Posted by Saul Good View Post
Then be more specific as to what you're bitching about.
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