Friday, May 11, 2012

High Interest Rates to Fix Our Mess

What a breath of fresh air to read someone who gets it.

In a recent article on, Sheila Bair states it correctly that the time has come for us to raise interest rates.  Savers are being hurt, our money is being devalued via inflation and people are ending up in a bigger debt hole.  In addition, as inflation rises, wages are not keeping up with this rise.

An article worth the read.  Very well done!

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