Loading ...Even lower are private sector retirement wages. Social Security payments should be double what they are. They NEVER raised them lock step along with the price of a postage stamp, a car or a house. I did not open the zerohedge link, so I don’t know if my opinion was in there. If not in there? The author is sleeping.
Interest rates are low to accommodate low wages and make borrowing more affordable. Borrowing is needed because nobody can afford to pay cash.