https://www.washingtonpost.com/news...ith-her-economist-husband-now-shes-responded/ http://www.bloomberg.com/news/artic...ven-years-of-zero-interest-in-letter-to-nader http://www.marketwatch.com/story/ja...e-been-worse-off-with-higher-rates-2015-11-23 http://www.reuters.com/article/2015/11/23/us-usa-fed-yellen-idUSKBN0TC2EB20151123 Yellen defends seven years of low interest rates in a response to Ralph Nader's critical letter re FOMC policies. Take your pick of the reporting. Somewhere in there we may find the whole story. The December calendar is here (http://www.federalreserve.gov/whatsnext.htm). The FOMC meeting is December 15-16.
I can solve Nader´s savors problem with one word... invest. I do not understand why there is this binary thinking where people think all investments are small cap bio-pharm companies. There are a huge assortment of investment vehicles available that are barely a step up in risk from having your money in the bank. Electrical utilities and large REITs offer dividend yields 3x´s what you can get from a bank with very limited risk.
