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The following article by Ron Paul is sponsored content by Birch Gold. If you are nearing your retirement age, all of the hard-earned money you have put away for your future could now be in danger. Why? Because the worst financial disaster in history is unfolding before our eyes. Call it the “everything bubble.” Call […]
Posts Tagged ‘savers’
Since 2008, Monetary Policy Has Cost American Savers about $4 Trillion
November 18th, 2021 
Awake Goy After 13 years with on average negative real returns to savings, it is time to require the Fed to address its impact on savers. By Alex J. Pollock, Senior Fellow at the Mises Institute. With inflation running at over 6 percent and interest rates on savings near zero, the Federal Reserve is delivering a negative 6 percent real (inflation-adjusted) return on trillions […]
Posted in Jewish News 
Tags: about, american, monetary, policy, savers, since, trillion 
No Comments »Why Did Big UK Banks Fail to Pass on Interest Rates to Savers?
November 20th, 2017 Awake Goy On Thursday, 2 November 2017, the MPC of the Bank of England voted by a margin of 7-2 to raise the bank rate by 25-basis points. This long-overdue decision was roundly applauded by financial markets, and the bank rate promptly rose to 0.50%. The impact of a bank rate hike is […]
