Monetary reward & punishment..................from Rico

Punish savers? Rewards borrowers?

Here is FED 'monetary policy' laid bare.

- They want people to spend money they do not have, and have created the perfect situation to accomplish that by allowing people to spend more than they earn.

Americans have taken the 'bait' set out by the FED, and have gone into debt to buy homes, cars, education, and

....well, whatever can be financed by cheap (low interest) debt. This is the REWARD.

Now look at 1-yr CD's and further consider even a 2% official inflation rate (it's actually a lot higher if you follow John Williams of ShadowStats...say 10-11%) on top of that. Savers are guaranteed to lose. This is the PUNISHMENT.

Reward bad behavior and punish good behavior. Sounds pretty much like the 'plan' we see in operation today. Yeah, that's worked really well so far, hasn't it?

- Guess we need more of the same. Never fear, the FED will provide it for a long time to come.