January 11, 2009
An Actual Title: “Punish Savers”
I read this Times Online article a couple of times, hoping to find that they were being silly. I thought I came close, but kept stopping when I read this: Assuming interest rates are reduced to about 1 per cent today, it will make little difference to savers if they fall all the way to zero. To all intents and purposes, income from bank accounts […]