The problem with the plan...

Ben Bernake reiterated for the 20th time in 20 Fed meetings this week that the Fed funds rate will remain at zero for "an extended period" in large part because of "persistently high unemployment".

I've illustrated my concern with this philosophy below.





This is just my opinion but I'm having a hard time seeing how this helps us waaayyy down here on the bottom of Main St. The people happy with the status quo seem to be the ones closest to the "free money" spigot. You know, the ones who paid out the highest bonuses in history while the rest of us are buried in debt and falling fast. Rhymes with "Gall", ends with "street".