Troubling stories on front page of today's Chicago Tribune about the country's economic woes what with the debt ceiling being raised, the nutty stock market, unemployment and all the other problems.
One statement from the Federal Reserve had their intention of keep short-term interest rates near zero for at least two more years. This will be great for the GRBs (corporations, investors and investment bankers) who got us into this mess through their greed.
Not so great for poor yokels like myself who do not "play" the stock market, spend beyond our means and rely on Certificates of Deposit for most of our investments.
The interest rates on CDs are a joke! Mostly less than 1%. If this keeps up, we'll have to start paying banks to keep our money.
The Time's Coming. --RoadDog
NOT FUNNY.
Being an account of some things I'm interested in, what I'm doing, and reflections on my past, especially music.
Listen to this man. Seven years of college, you know. Trying to reason with 2020 and, now, 2022.
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