What is barely noted in this zero interest-rate policy climate — which has fueled market growth by allowing corporations to do stock buybacks and accelerate merger-and-acquisition activity that, again, by all data points has further enriched the rich — is the toll on the average man and woman. Lacking the wealth to gamble in markets and concerned about secure investments, the ultra-low interest-rate policy has prohibited the average person from reasonable interest earnings once available by putting money in banks’ saving accounts or certificates of deposit.
