Every day that passes were seeing nothing but lies coming from the central banks. Three years running, we have been seeing interest rates close to zero; in a bid to pump up and force the life back into a dying economy. With the exception of Japan’s failure, to drop interest rates at near zero for over two decades, no other country in recent times has attempted such an uncontrolled careless monetary policy.

Throughout economic history zero percent interest rates have never been used, for an especially good reason. To use a zero interest rate policy upon a nation should be a condition of last resort, a last-ditch effort to shock an economy back to life. Any interest rate that is below inflation is never good for an economy. This rate policy actually rips-off savers. In a society that has been accustom to saving, savers do not get any real returns on their accounts. By leaving rates on savings ultra low, it's tantamount to "savings account rape"…

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