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Tag Archives: Open Market Commitee
How Low Are You Willing To Go?
Lets say you have $300,000 cash and you don’t want to risk it in the stock market. Today the highest CD rates in the country are about 1.25%. That pays you $312 per month. If you were not being robbed … Continue reading
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Tagged crack dealer, crack whore, federal reserve, Janet Yellen, Open Market Commitee
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Understanding Monetary Policy
Because economists as a rule believe in the imaginary incentive to serve, they work on the basis that Federal Reserve Open Market Committee members are selflessly doing all they can to do what is right for the economy. Because the … Continue reading →