[Fishpart]

The worst part is that the average Ed who saves his money and is up to date on his mortgage will never reap the benefit from a low interest rate. The mortgage rate won't go low enough to refi, but the interest rate on any savings will go deeper into the toilet than it already is.... Meanwhile the institutions getting the ultra low interest money from the taxpayer will turn around and invest it in T_Bills and make even more off the back of the taxpayer and their balance sheets will look great.


Kind of ironic the DJIA was up 420 yesterday