Fed Refuses To Remove Its 100% Tax On Savers
The 5-year Fed wealth redistribution gambit has made savers poorer. It’s time to rectify this abnormal and unfair scheme.
Under new management, the Federal Reserve nevertheless continues its non-reality show. Only now they’re inventing reasons not to let savers have their due. Fed head Yellen just cited the old, now non-existent, “problems” of low inflation, housing doldrums and too-high unemployment.
How the Fed’s medicine is adversely affecting the U.S. financial system…
This article is published on Forbes.com