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Hernando Today
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Savers' reward: pitiful pennies
The American Bankers Association meetings in Chicago during late October drew a surprising variety of protesters. These ranged from unions to civic groups, political activists and even a person in a Downsized Man superhero costume. With the ABA in focus, I add my perspective and that of many other millions of American savers who decry the historically abysmal interest rates paid on savings. As banks grow healthier, the return on my savings just gets more anemic. ...more
November 28, 2009
Crisis And Bubbles
It is the nature of economics that we go through these unanticipated cycles.... ...more
October 21, 2008
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