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Post on Interest Rates Lowering Savings

Posted on March 13, 2012 @ 7:22 am (Tuesday) by WARREN MOSLER

On Mon, Mar 12, 2012 at 5:45 PM, Chris Powell <> wrote:
>
> http://www.nysun.com/national/bernankes-zero-interest-rate-policy-turns-out/87738/

yes, and nicely stated as well!
since rate changes have little or no monetary effect, congress should not be having the fed adjust rates.

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