The Feds Immiseration of People Who Live on Interest Earnings
By Robert Higgs
Since the last quarter of 2008, the Federal Reserve has pursued a monetary policy that has devastated retirees dependent on interest income. Small wonder, then, that participation in the labor force has increased for those 55 years and older.
|Other Independent Review articles by Robert Higgs|
|Winter 2019||Two Worlds: Politics and Everything Else|
|Fall 2018||Against the Whole Concept and Construction of the Balance of International Payments|
|Summer 2018||Feedback and Correction in Government and the Market|
|[View All (62)]|