I know nothing. But neither do the ones who messed up the economy!
No it’s not zero rates. It’s the Fed trying to manipulate economic activity and behavior. Which is not what it’s mandate is supposed to be. The chickens are coming home to roost an the fed with easy money policy as in Quantitative easing has run out of options. Raising rates in a global recessionary environment is al;l window dreassing. Man we are all in a world of hurt.
Not so...everything you stated is right on the mark. Yes, the middle class is being crushed. BECAUSE of our gubbamints monumental fiscal mismanagement, interest rates have been held artificially low for years. Killing savings of regular ol folks.
You hit the nail on the head.