Comments: Are Two Mandates Not Enough?

I hope Rupert doesn't come after you for putting the extra words "...incomes that extra money improved the quality of his life" into the public domain without permission.

I tried reading the article for context - to see if it was being raised as a warning to investors rather than a criticism of government.

Posted by johngalt at March 30, 2010 2:59 PM

Rupert is frightened of my influence.

I think Schwab is truly disgruntled that (let's be real, his) investors do not have ready access to a 4% + risk free vehicle.

We've taken our whacks at Helicopter Ben and The Maestro for easy money policies, but depriving seniors of adequate Money Market returns seems a stretch.

Posted by jk at March 30, 2010 3:24 PM

Schwab also omits the rate of inflation when interest rates are at 5.4%. When considering inflation, the net yield is probably more like 1%-2%, not unlike what we have now.

Posted by Boulder Refugee at March 30, 2010 3:37 PM
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