[OwenKellogg]

“Should the Federal Reserve continue to interfere with the interest rate markets, the Quantitative Easing bubble bursting will lead to a depression unlike anything this nation has ever seen.”

[OwenKellogg]

One immediate downside of the artificially low interest rates: all the companies and government entities that offer pension plans are having to revalue the pension liabilities using the artificially low interest rates. This increases the pension liability, thereby exacerbating those plans that are underfunded, making it more likely that the pension plans fail

[Pecos]

The Fed interfering with the housing market is perfectly in line with the Progressive principle that Government is required in every aspect of everyone’s lives. Don’t you people understand? You are too stupid to take care of yourself. We have to do it for you!