Bernanke’s zero-interest-rate policy is backfiring. Only the wealthy benefit from rising financial assets, as average Americans take on more debt. Worse, risky speculation is again being rewarded.
Continue reading Why the Fed’s ‘Trickle-Down Economics’ Is Failing
Why the Fed’s ‘Trickle-Down Economics’ Is Failing originally appeared on DailyFinance on Mon, 25 Oct 2010 11:00:00.