Federal Reserve Destroying Social Security and Retirement Plans of Americans
Monday, October 8, 2012 18:01
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By Michael Snyder
theintelhub.com
September 19, 2012
Contributed by The Economic Collapse Blog
Last week the mainstream media hailed QE3 as the “quick fix” that the U.S. economy desperately needs, but the truth is that the policies that the Federal Reserve is pursuing are going to be absolutely devastating for our senior citizens.
By keeping interest rates at exceptionally low levels, the Federal Reserve is absolutely crushing savers and is systematically destroying Social Security.
Meanwhile, the inflation that QE3 will cause is going to be absolutely crippling for the millions upon millions of retired Americans that are on a fixed income. Sadly, most elderly Americans have no idea what the Federal Reserve is doing to
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2012-10-08 17:42:31
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