Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Bernanke Hears Criticism On Capitol Hill

Wednesday, March 2, 2011 - 3:08 PM reports on Bernanke's testimony before the House Financial Services Committee today. Here's an interesting comment Ron Paul made regarding the ultra low interest rates:
"It has been said ever since the crisis hit that one of the causes was that interest rates were kept too low too long," Paul said in his opening statement. "And now the treatment of the last couple of years has been to keep the interest rates much lower for even a longer time."

Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708