On the recordDecember 1, 2009
How about the Federal Reserve's zero-based tax or zero-based interest rates. Who do you think that hurts?
Said by
Jim Bunning
Source
congress.govHow about the Federal Reserve's zero-based tax or zero-based interest rates. Who do you think that hurts?
Bunning questions the impact of low interest rates on savers.
Share
More from Jim Bunning
This is a stunning case, knowing that the SEC has changed hands and things, that they would not jump down this after the Madoff--Bernie--after his case hit the papers.
Is that not just kind of a transferring of what we cannot pay for and what our excesses are presently to my children and grandchildren? Is that not kind of a wealth transfer or a debt transfer?