Winners and Losers of the Fed’s Low Interest Rates
by Frank Ryan, American Thinker:
“Any time you have a really great deal, remember: for every winner, there must be a loser.”
The expression means that when you have a lopsided transaction, one person’s good deal is likely struck at another’s expense.
With the artificially low interest rates promoted by the Federal Reserve with Quantitative Easing and Operation Twist, there are winners and losers as well. By the Fed’s own admission, the purpose of the current monetary policy is to significantly reduce long-term rates of interest to stimulate the economy.
The Federal Reserve’s monetary easing is designed to stimulate the economy while at the same time keeping inflation in check.
Read More @ AmericanThinker.com
2012-11-14 10:18:37
Source: http://sgtreport.com/2012/11/winners-and-losers-of-the-feds-low-interest-rates/
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