The New CS Board

[Oddlot]

Part of the public who is being robbed is seniors/retired persons. They have no safe investments, although the banks can borrow for almost nothing and buy bonds for a spread, and the fed buys back the bonds. So, the seniors are being impoverished so the banks can replenish their balance sheets.

IMHO, individuals (only) should be able to open a savings account which provides an adequate return. Govt provides welfare to nonsavers, and to corporate favorites; a stipend to savers might create a source of consumer demand that would have important results.
Oddlot