22 May 2013

Mystery Right-Winger Sneaks Into an NPR Story on ZIRP

Inflation 10 Comments

I was pleasantly surprised by this NPR story this morning, which said that the Fed’s zero-interest-rate policy was turning savers into collateral damage. But if you listen closely, around 3:30 you’ll recognize a familiar voice.

10 Responses to “Mystery Right-Winger Sneaks Into an NPR Story on ZIRP”

  1. Bob Roddis says:

    Sumner?

  2. Kryx says:

    Nope… That would be the esteemed Russ Roberts. Go Russ!

  3. Max says:

    Study this chart (MZMOWN vs FEDFUNDS)

    http://research.stlouisfed.org/fred2/graph/?g=isL

    and tell me what you think would happen if Fed Funds were increased.

  4. joe says:

    The #1 problem facing the country is that rich people are not getting a high enough real interest rate when they lend money.

    • Major_Freedom says:

      The #1 problem is the ultimate cause for this.

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