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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bonefish who wrote (974271)	10/21/2016 2:57:49 PM
From: RetiredNow	Respond to of 1572088

yep, and meanwhile, the Federal Reserve has pegged rates at almost zero percent for 7 years, which means savers have to reach for yield and much greater risk in order to retire. Either that or save far more money. The Federal Reserve is stealing from retired people and making them paupers. In addition, they are putting the squeeze on pension and retirement funds across corporate America. These Keynesian policies are absolutely ruinous to our prosperity. They achieve the exact opposite of what they are trying to achieve. Instead of spurring more spending, people are saving more, because they need more money to generate the same income they used to get a decade ago. It's a vicious cycle that will only be exacerbated by Hillary's policies.