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Since 2008, Monetary Policy Has Cost American Savers about $4 Trillion

Since 2008, Monetary Policy Has Cost American Savers about $4 Trillion

by Contributing Author | Nov 16, 2021 | Conspiracy Fact and Theory, Emergency Preparedness, Experts, Forecasting

This article was originally published by Alex J. Pollock at The Mises Institute. With inflation running at over 6 percent and interest rates on savings near zero, the Federal Reserve is delivering a negative 6 percent real (inflation-adjusted) return on trillions of...

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