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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Joseph Beltran who wrote (115610)8/4/2001 2:18:38 PM
From: Les H  Read Replies (2) of 436258
 
You should have a right to market rates rather than one artificially set by the Fed. Given the shortage of savers, a free and open market for funds would normally require higher savings rates than the rates being set now. This would of course be balanced by the need for funds by corporations and consumers. It seems there's no shortage on the demand side.
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