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interest rate

New York Times ignores savers harmed by low interest rates

Writer-Moderator Blog September 26, 2009September 26, 2009interest rate, savers 0 Comment

The Times states, “Interest rates have remained low and no one seems to be worried about that.” Well, savers are worried about that. When the regulated rental price of money (interest rates) is low, savers earn less money when lending the money to borrowers. The Times is only considering borrowers.

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Recent Posts

  • Is the gold up or is the dollar down? Both influence the dollar-price.
  • You made $100,000 on your home sale. Are you richer?
  • Postage stamps to cost 10 percent more, due to lower-value dollar
  • The last time inflation was this low, there was a recession
  • You made 100 thousand dollar profit, but you’re not wealthier
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