I wish more people understood these issues with this clarity. Fed policy has had negative consequences for savers at the benefit of borrowers. I wrote a simple

I wish more people understood these issues with this clarity. Fed policy has had negative consequences for savers at the benefit of borrowers. I wrote a simple app which compares 12 month CPI to current Treasury yields. What is scary is in the past year CPI (which many claim underestimates true inflation) at times has been higher than the returns on 30 year Treasuries. This is a rare event, and is the result of the FED buying Treasuries on the long end of the curve to artificially depress interest rates. Typically investors wouldn't tolerate such a low rate of return on their investments. Historical bond yields vs CPI can be viewed here: http://yield.io/ http://yield.io/