Re:Does QE Cause Wealth Inequality?
by AnimalMuppet on Tuesday November 16, 2021 @01:37PM
(#29244609)
> Interest rates that are low mean that middle-class savings accounts don't grown in size.
So far as I recall, interest rates on savings accounts have never been greater than inflation. That is, the money stored in a savings account would not grow in real terms. That's true with or without QE.
So far as I recall, interest rates on savings accounts have never been greater than inflation. That is, the money stored in a savings account would not grow in real terms. That's true with or without QE.