Browsing the blog archivesfor the day Monday, August 29th, 2011

Fed Reduces Interest Rates to -2 Percent

The Fed announced today that because of a continued bleak economic forecast for the immediate future that it is reducing interest rates to -2 percent, the lowest in history. “Drop by the Fed” said Chairman Ben Bernanke in a press release.  “Our interest rates are so low we are literally giving money away!” With unemployment […]