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Neil Macdonald: The 'monarchs of money' and the war on savers
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Neil Macdonald: The 'monarchs of money' and the war on savers
http://www.cbc.ca/news/world/story/2013/04/26/f-rfa
-macdonald-power-shift-savers.html
excerpt:
As Ros Altmann, a longtime pension manager and director of the London School of Economics, puts it, quantitative easing has amounted to a "monumental social experiment" — a large-scale transfer of wealth from older people to younger people.
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