Reuters (UK) Wall Street Journal. Financial Times. "Savers want a positive return on risk-free assets because for most those are the only financial assets they own. They cannot afford to take risk. By driving nominal rates on risk-free holdings to zero, Bernanke's Fed made their assets lose value against goods and services. Meanwhile, with QE it pushed up the value of all other assets, held by the rich with a bigger risk tolerance.
" By Hollow Man on Lunch with the FT: Ben Bernanke "Small ideas may work, here and there, sometimes. Reuters (US)