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Politics : President Barack Obama
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To: John Vosilla who wrote (144289)7/11/2014 9:32:46 AM
From: Metacomet  Read Replies (1) of 149317
 
I suppose the worst thing about ZIRP is that folks who rely on interest income are not doing very well

Of course the good thing is that the folks who have managed to suck billions out of the economy, with their hard work of course, need to put those billions to work rather than filling their swimming pool with cash and having the interest merely clog the overflow gutter...

Cause the truth is that very few folks are in the category of actually living off of the interest on their CD's
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