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Why It's Time for Higher Interest Rates

Sheila Bair, Fortune Progressives, led by Paul Krugman, believe that we can fix our economic woes with more consumer debt and higher inflation. The...

Sheila Bair, Fortune Progressives, led by Paul Krugman, believe that we can fix our economic woes with more consumer debt and higher inflation. The reality is that near zero interest rates encourage speculation, discourage savings, weaken pension funds, and put millions of baby boomers at risk. Read More