Discussion Post
Read the ProPublica Article, The Fed Saved the Economy but Is Threatening Trillions of Dollars Worth of Middle-Class Retirement.
Familiarize yourself with the general content of all Readings and Resources
The ProPublica article presents a central theme that the FED is focusing on the present at the expense of the future. How? (i) By lowering interest rates the Fed increases home prices, benefiting current homeowners via increased equity, and also benefiting the housing industry which is a major source of jobs. (ii) But low-interest rates negatively impact pension plan earnings and the ability to maintain future social security benefits. In your own words write a short two-page APA discussion about the central theme presented in the ProPublica Article and its varying impact on the upper class, middle class, current homeowners, and current renters.
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.