[Huck]

It seems to me Fed policy ALWAYS discourages/punishes savers. They try to keep interest rates as low as possible,which discourages/punishes savings, so that people will do the opposite---borrow and spend. It seems this whole mess is based on that policy. And now they'll double down by creating inflation to lower the real value of all that debt, thus eating away at the value of savings.

You always hear complaints that Americans don't save enough, but if you wanted people to save, wouldn't you favor HIGHER interest rates and real low inflation? Wouldn't you want to let the market determine the interest rate?

[FromLori]

Yes you know it seems to me that is a lot of truth in this article

http://www.thedailybell.com/681/Nelson-Hultberg-The-Fed-is-a-Fascist-Cartel.html

[rbg81]

Yup. Government does not want us to save. We have to be good little soldiers, er....consumers, and keep the economy humming. In their eyes, the ideal citizen has no savings (other than a 401K), lotsa debt, and lotsa foreign made stuff. And when it comes time to retire, they will have no choice but to take SS or keep on working till they drop. Good little worker ant!