Tuesday Link-Ups: 11-24-2015 Zero Interest Rates

It is not often that I would link to a letter by Ralph Nader – but in this case, I really think he is dead on regarding the Federal Reserves continued Zero Rate Policy:

• The Nader Page – An Open Letter To Chairwoman Yellen From the Savers of America

Here is Janet Yellen’s response:

• Bloomberg – Yellen Defends Seven Years of Low Interest Rates in Letter to Nader

Let’s hope the Fed raises interest rates in December 2015 – if they don’t, I fear they might not be able to before the next crises. What comes after Zero Rates?  Negative Rates:

• Bloomberg – Less than Zero