[Interesting, although I don’t even know where to begin evaluating the truth of it. -egg]
On Thursday, the Federal Reserve kept its benchmark interest rate target pegged to a range of 0% to 0.25%, which is where it has been since December 2008.That’s low.Interestingly, rates aren’t just low within the context of American history.They also happen to be at the lowest levels in the 5,000 years of civilization.