The Fed's low-interest policy not only encourages spending and borrowing, it discourages the one thing that best helps people raise themselves into higher economic classes — saving.
Mark Thornton
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This page presents the quote "The Fed's low-interest policy not only encourages spending and borrowing, it discourages the one thing that best helps people raise themselves into higher economic classes — saving.". Author of this quote is Mark Thornton. This quote is about class, saving, economic, interest, spending, people, higher, one thing, policy,.