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More on how savers are being punished to rescue the banks

Sunday, January 24, 2010 - 3:04 PM
From Ben at The Inoculated Investor: The True Bank Bailout is Ongoing
the Fed’s position that interest rates should stay low for an extended period of time in order to help revive the economy is kind of like an arsonist leaving the fire hose on indefinitely after he puts out the fire he created.
This is a well-written commentary that goes into more details than the commentary I wrote about in December and October.
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Ken TuminKen Tumin5,442 posts since
Nov 29, 2009
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