MT Archived Yellen States She Will Make Americans Pay a Penatly For Holding Cash if Economy Sours (reuters.com)
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MT Archived Yellen States She Will Make Americans Pay a Penatly For Holding Cash if Economy Sours (reuters.com)
submitted ago by brother_tempus
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[–] brother_tempus [S] 1 point 3 points 4 points (+4|-1) ago
The Federal Reserve would consider pushing interest rates below zero if the U.S. economy took a serious turn for the worse, Fed Chair Janet Yellen said on Wednesday.
"Potentially anything - including negative interest rates - would be on the table. But we would have to study carefully how they would work here in the U.S. context," Yellen told a House of Representatives committee.
[–] Doomking_Grimlock 0 points 10 points 10 points (+10|-0) ago
Burn the Federal Reserve.
[–] brother_tempus [S] 1 point 5 points 6 points (+6|-1) ago
and try the governors and chairman for treason