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As Low Rates Depress Savers, Governments Reap Benefits
Catherine Rampell
09/10/2012
www.nytimes.com
“In the nearly four years that the Fed set its benchmark interest rate at zero, the government has saved trillions of dollars in interest payments. If interest rates today were what they were in 2007, the Treasury would be paying about twice as much to service its debt.”
A consumer complaint is ricocheting around the [...]
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