Posts Tagged ‘savers’

  • QE3 and the Baby Boomers

    Sep 14, 12 • 223 Views • No Comments

    At the beginning of yesterday’s QE3 press conference, Fed Chairman Ben Bernanke referred to the plight of savers. Similarly, during an August “Conversation With the Chairman,” Dr. Bernanke was asked, “What about the savers?” Both...  [read more]

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    Size Inflation

    Apr 13, 12 • 292 Views • No Comments

    Inflation is not only at the cash register. Our story starts at H&M where an Esquire journalist tried on a size 36 pants that were too tight. He continued his search for pants with the 36″ waist label at Old Navy and they were too loose. After that,...  [read more]

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    Savers or Borrowers?

    Apr 5, 11 • 349 Views • No Comments

    In 1987, a $100 savings account would have earned close to $9 in interest. In 2005, $3.75 or so. Now, maybe 47 cents? The WSJ, had a good article describing how savers are suffering. The retirees who expected to depend on interest income until they died have...  [read more]

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    The Two Sides of ZIRP

    Aug 23, 10 • 237 Views • 1 Comment

    Hearing economists discuss the Fed’s zero-interest-rate policy, Harry Truman would again search for a one-handed economist. On the one hand…if you can borrow money cheaply, you are more likely to expand your business and buy a house or a car....  [read more]