Bank of America Corp (BAC): Retirees Must Stand Up and Fight the Federal Reserve

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Stop blaming savers
Blaming retirees for their current problems simply adds insult to the injury of having part of their incomes taken away from them. The solution isn’t to artificially raise rates, but letting the free market have more of a say in where rates should go would at least give savers a fairer chance to assess their investment options to try to make ends meet.

The article Retirees Must Stand Up and Fight the Federal Reserve originally appeared on Fool.com is written by Dan Caplinger.

Fool contributor Dan Caplinger owns warrants on JPMorgan Chase and (NYSE:JPM) Bank of America. You can follow him on Twitter: @DanCaplinger. The Motley Fool owns shares of Bank of America, Citigroup, and JPMorgan Chase.

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