Savers, elderly rejoice as Bernanke financial repression racket begins to fall apart

We've said many times before that Ben Bernanke's ZIRP and QE∞ are schemes to rob from savers and the elderly to give to banks and asset speculators. Bill Gross even has a term for it: financial repression.

Well, there are now cracks in the guard towers of the saver concentration camps. Fed-manipulated interest rates are starting to break free.