Higher Rates 2ble positive for working class and retired

[ish mailian]

The Fed's policy has been so over analyzed that it's confusing even to the
professionals. see, Tim Duy's Fed Watch here---->

http://economistsview.typepad.com/timduy/

Left leaning individuals, who too often make the error when labeling the
Banks, "Banksters" and attributing recessions and even depressions to "Wall
Street Greed" and "Goldman Sachs" of demonizing anything and anyone that
touches money for a living, are, to my experience, while smart and
educated, as financially illiterate as the average guy or gal, and, while I
sympathize with their critiques, screeds, and outbursts even, too many fall
into the pit of the self-righteous blind leading the ignorant and blind.

In any even, back when Ralph Nader jumped into the fight and got his ass
kicked by Chair Yellen, some here were quick to take the lady's corner, but
I defended Ralph, though not because arguments were sound or logical or
based on financial or economic knowledge, but because he was right.

And he still is.

Two more reasons why:

1. The SBA
2. Most fixed income investors and the portfolios of most working class and
poor people are invested in bonds, hold the bonds to maturity. And, higher
rates will improve total return as re-invest rates will be high, in nominal
and especially, and critically in real terms.



Forbes and Barron's and Pimco. Not exactly the sources most Left leaning
people read, but here are two, simply stated reasons why the Fed's move to
higher rates will do more for the workers and the retired.

http://www.barrons.com/articles/why-rising-rates-are-good-for-bondholders-1445620822

http://www.forbes.com/sites/rohitarora/2015/12/09/whats-ahead-in-small-business-lending-in-2016/
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