WC Varones

Don't lend your hand to raise no flag atop no ship of fools

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.



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