The Federal Reserve Lowers the Federal Funds Rate to the Lowest Level Ever

As per The Rigged Game, my prediction that interest rates would hit record lows became reality today when the Federal Reserve bank reduced its federal funds rate to .25 percent. Unfortunately, it will do little good since fewer and fewer people have money to borrow anyway, and the rate reduction doesn't do anything about the real problem with today's economy, and that is the mal-distribution of income and wealth that has occurred over the last thirty years.